Ski Broncs Inc

Analysis

Ski Broncs Inc is a registered charity in United States, based in Loves Park, IL. It received its IRS tax-exemption ruling in June 1998, 28 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, Ski Broncs Inc reported income of $115k and spending of $108k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $81k to $115k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ski Broncs Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Kingsway Ice Hockey Club ($115k), LKN Volleyball Club Inc ($115k) and South Carolina Alliance for Health Physical Education Recreation Dan ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 36% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.