Waterville Valley Black & Blue Trail Smashers-Snowsports Edu FDN

Analysis

Waterville Valley Black & Blue Trail Smashers-Snowsports Edu FDN is a registered charity in United States, based in Waterville Valley, NH. It received its IRS tax-exemption ruling in February 1973, 53 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 June 2023, Waterville Valley Black & Blue Trail Smashers-Snowsports Edu FDN reported income of $4.1m and spending of $4.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.1m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waterville Valley Black & Blue Trail Smashers-Snowsports Edu FDN sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Los Gatos United Soccer League ($4.1m), Adult Ice Hockey Federation Ltd ($4.1m) and Scholastic Shooting Sports Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.9m against liabilities of $532k, net assets of $2.4m. It reported 83 employees.