Ely Nordic Ski Club

Analysis

Ely Nordic Ski Club is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in June 2006, 20 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 September 2023, Ely Nordic Ski Club reported income of $95k and spending of $129k, spending 136% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $86k to $95k (+10%), an average of +10% a year. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ely Nordic Ski Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Redmond Sports Federation ($95k), Amherst Tiger Sharks Swim Team ($95k) and Pittsburgh Forge Rugby Club ($95k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.