Cochrans Ski Club Inc
Analysis
Cochrans Ski Club Inc is a registered charity in United States, based in Richmond, VT. It received its IRS tax-exemption ruling in May 2016, 10 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 2024, Cochrans Ski Club Inc reported income of $277k and spending of $228k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $207k to $277k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 85% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cochrans Ski Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 52nd percentile within VT. Charities of a similar size with the same main cause include Capoeira for Tomorrow Inc ($277k), Titans Fastpitch Softball Inc ($277k) and Az Fire Basketball Club ($277k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.7% and program service revenue 55% of the total. Other salaries and wages came to $162k. At year end it held assets of $211k against liabilities of $15k, net assets of $196k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.7%
- Program services 55%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Capoeira for Tomorrow Inc | Orlando | $277k |
| Titans Fastpitch Softball Inc | Terryville | $277k |
| Az Fire Basketball Club | Chandler | $277k |
| Arrowhead Youth Baseball and Softball Inc | Hartland | $277k |