Mt Abram Ski Club

Analysis

Mt Abram Ski Club is a registered charity in United States, based in Greenwood, ME. It received its IRS tax-exemption ruling in February 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt Abram Ski Club reported income of $58k and spending of $73k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $58k (-12%), an average of -12% a year. Over the whole period it spent 117% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Abram Ski Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 16th percentile within ME. Charities of a similar size with the same main cause include Drost Park Khoury League ($58k), Burbank Little League ($58k) and Tewksbury Redmen Football Club Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.