Matsu Ski and Snowboard Club

Analysis

Matsu Ski and Snowboard Club is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Matsu Ski and Snowboard Club reported income of $183k and spending of $180k, spending 98% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $129k to $183k (+42%), an average of +42% a year. The sharpest change came in the year to April 2024, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Matsu Ski and Snowboard Club sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 47th percentile within AK. Charities of a similar size with the same main cause include St Francis Youth Hockey Association ($183k), Colorado Basketball Club ($183k) and Columbia Parks and Recreation Foundation ($183k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 25% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.