Mission Ridge Ski Education Foundation

Analysis

Mission Ridge Ski Education Foundation is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in September 1971, 55 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 August 2024, Mission Ridge Ski Education Foundation reported income of $675k and spending of $609k, spending 90% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $368k to $675k (+84%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission Ridge Ski Education Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Eve Incorporated ($675k), Medgar Evers Educational Foundation Inc ($675k) and Living Truth Inc ($675k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 16% and program service revenue 71% of the total. Other salaries and wages came to $307k. At year end it held assets of $448k against liabilities of $11k, net assets of $437k. It reported 33 employees.