Pinnacle Alpine Ski Racing Club

Analysis

Pinnacle Alpine Ski Racing Club is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Pinnacle Alpine Ski Racing Club reported income of $616k and spending of $579k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $464k to $616k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinnacle Alpine Ski Racing Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Cradle of Hope ($616k), Port Ministries ($616k) and Chickpeas Child Care Center Inc ($615k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 47% of the total. At year end it held assets of $368k against liabilities of $0, net assets of $368k.