Flathead Valley Ski Education Foundation

Analysis

Flathead Valley Ski Education Foundation is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in October 1978, 48 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 April 2023, Flathead Valley Ski Education Foundation reported income of $580k and spending of $474k, spending 82% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $318k to $580k (+82%), an average of +22% a year. The sharpest change came in the year to April 2023, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flathead Valley Ski Education Foundation 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 MT. Charities of a similar size with the same main cause include Womens Resource Center ($580k), Cindy Bishop Ministries ($580k) and Island Kids Inc ($580k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 26% and program service revenue 62% of the total. Other salaries and wages came to $246k. At year end it held assets of $396k against liabilities of $180k, net assets of $217k. It reported 44 employees.