Ski Roundtop Racing Club

Analysis

Ski Roundtop Racing Club is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 2023, Ski Roundtop Racing Club reported income of $282k and spending of $216k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $216k to $282k (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ski Roundtop Racing Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Arkansas Scottish Rite Foundation ($282k), Meadowview Christian Academy ($282k) and Prevention Time ($282k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 86% of the total. Other salaries and wages came to $65k. At year end it held assets of $473k against liabilities of $170, net assets of $473k. It reported 27 employees.