Alpental-Snoqualmie Ski Foundation

Analysis

Alpental-Snoqualmie Ski Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1975, 51 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 July 2023, Alpental-Snoqualmie Ski Foundation reported income of $542k and spending of $593k, spending 109% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $484k to $542k (+12%), an average of +2.8% a year. The sharpest change came in the year to July 2022, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alpental-Snoqualmie Ski Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Mountain Empire Services of the Southwest Inc ($542k), Trout Unlimited ($542k) and University of Wisconsin Trust the Brittingham Fund Inc Trustee ($542k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $79k (13% of expenses). Other salaries and wages came to $140k. At year end it held assets of $81k against liabilities of $42k, net assets of $39k. It reported 22 employees.