South Warren Snowmobile Club Inc

Analysis

South Warren Snowmobile Club Inc is a registered charity in United States, based in Lake Luzerne, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, South Warren Snowmobile Club Inc reported income of $231k and spending of $90k, leaving 61% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $98k to $231k (+136%), an average of +136% a year. The sharpest change came in the year to March 2024, when income rose by 136%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Warren Snowmobile Club Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Wisconsin Ffa Center Inc ($231k), Community Change Inc ($231k) and Seaturtle Preservation Society Inc ($230k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $529k against liabilities of $78k, net assets of $451k.