Norge Ski Club

Analysis

Norge Ski Club is a registered charity in United States, based in Fox River GRV, IL. It received its IRS tax-exemption ruling in June 2017, 9 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 December 2023, Norge Ski Club reported income of $396k and spending of $363k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $396k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norge Ski Club sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Bethel Recreation Association ($396k), Portage County Youth on Ice Incorporated ($396k) and St Louis Intercollegiate Athleticconference ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $72k (20% of expenses). At year end it held assets of $842k against liabilities of $155k, net assets of $688k. It reported 1 employees.