Ski Gull Inc

Analysis

Ski Gull Inc is a registered charity in United States, based in Nisswa, MN. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Ski Gull Inc reported income of $1.1m and spending of $903k, spending 80% of its income. Across the 6 years on record, from April 2019 to December 2023, income grew from $713k to $1.1m (+58%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ski Gull Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include St Francis of Assisi Residences at Braintree Inc ($1.1m), Habitat for Humanity International Inc ($1.1m) and Homeless & Hunger Coalition of NWFL Dba Doorways of NWFL ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $68k (7.6% of expenses). Other salaries and wages came to $229k. At year end it held assets of $2.2m against liabilities of $438k, net assets of $1.8m. It reported 106 employees.