Saratoga Snowmobile Association Inc

Analysis

Saratoga Snowmobile Association Inc is a registered charity in United States, based in Middle Grove, NY. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 March 2023, Saratoga Snowmobile Association Inc reported income of $167k and spending of $143k, spending 85% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $108k to $167k (+54%), an average of +16% a year. The sharpest change came in the year to March 2022, when income rose by 73%. Over the whole period it spent 113% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Saratoga Snowmobile Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Virgilina Volunteer Fire Association ($167k), NPTS Inc ($167k) and Carlisle Volunteer Firefightersassociation ($167k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $387k against liabilities of $225k, net assets of $162k.