Skaneateles Ski Club Inc

Analysis

Skaneateles Ski Club Inc is a registered charity in United States, based in Skaneateles, NY. It received its IRS tax-exemption ruling in June 2008, 18 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 May 2023, Skaneateles Ski Club Inc reported income of $154k and spending of $126k, spending 81% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $147k to $154k (+4.8%), an average of +4.8% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skaneateles Ski Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Sayreville Little League ($154k), The Virginia Peninsula Chapter of 100 Black Men of America Inc ($154k) and Aloha Section Pga Foundation ($154k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $259k against liabilities of $48, net assets of $259k.