Mt Mansfield Ski Club & Academy Inc

Analysis

Mt Mansfield Ski Club & Academy Inc is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mt Mansfield Ski Club & Academy Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 6 years on record, from April 2019 to June 2023, income fell from $4.9m to $4.3m (-11%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 1077%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mt Mansfield Ski Club & Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VT. Charities of a similar size with the same main cause include Chicago Workers Collaborative ($4.3m), Friends of Gaia School CR ($4.3m) and More Good Foundation ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $131k (3.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.8m against liabilities of $3.5m, net assets of $4.2m. It reported 102 employees.