Killington Ski Club Inc

Analysis

Killington Ski Club Inc is a registered charity in United States, based in Killington, VT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Killington Ski Club Inc reported income of $353k and spending of $300k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $330k to $353k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Killington Ski Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 57th percentile within VT. Charities of a similar size with the same main cause include Lexington Youth Soccer Association Inc ($353k), Ne Baseball Inc ($353k) and Prime Aquatics Inc ($353k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 7.4% of the total. Other salaries and wages came to $118k. At year end it held assets of $1.9m against liabilities of $127k, net assets of $1.7m. It reported 3 employees.