Meadows Amateur Ski Racing Association

Analysis

Meadows Amateur Ski Racing Association is a registered charity in United States, based in Hood River, OR. It received its IRS tax-exemption ruling in July 1984, 42 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 August 2023, Meadows Amateur Ski Racing Association reported income of $585k and spending of $648k, spending 111% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $389k to $585k (+50%), an average of +8.5% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meadows Amateur Ski Racing Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Starfire Council of Greater Cincinnati Inc ($585k), One Tail at a Time - PDX ($585k) and Oregon Junior Golf Fund Inc ($585k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.1% and program service revenue 90% of the total. Other salaries and wages came to $303k. At year end it held assets of $481k against liabilities of $164k, net assets of $317k. It reported 43 employees.