Glacier Nordic Club Inc

Analysis

Glacier Nordic Club Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Glacier Nordic Club Inc reported income of $478k and spending of $478k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $258k to $478k (+85%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glacier Nordic Club Inc 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 69th percentile, and in the 70th percentile within MT. Charities of a similar size with the same main cause include South County Economic Development Council ($478k), Pro Re Bona Early Learning Center ($478k) and Pacific Art League of Palo Alto ($478k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $233k. At year end it held assets of $364k against liabilities of $5,392, net assets of $359k. It reported 44 employees.