Carolina Show Ski Team Inc

Analysis

Carolina Show Ski Team Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2006, 20 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 December 2023, Carolina Show Ski Team Inc reported income of $73k and spending of $55k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $73k (+5.4%), an average of +5.4% a year. 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, Carolina Show Ski Team Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Red Oak Soccer Association Inc ($73k), Appling County Pirate Touchdown Club Inc ($73k) and Santa Maria Northside Little League ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 57% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.