USA Ski Jumping

Analysis

USA Ski Jumping is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in September 2007, 19 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 May 2022, USA Ski Jumping reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 4 years on record, from April 2019 to May 2022, income grew from $1.9m to $3.1m (+64%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 86%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Ski Jumping 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 89th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include Hawks Hockey Club NFP ($3.1m), Beloved and Beyond ($3.1m) and Roudenbush Community Center Inc ($3.1m).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 72% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (2.6% of expenses). Other salaries and wages came to $451k. At year end it held assets of $182k against liabilities of $667k, net assets of -$485k. It reported 21 employees.