Wolverine Nordic Ski Club Inc

Analysis

Wolverine Nordic Ski Club Inc is a registered charity in United States, based in Bessemer, MI. It received its IRS tax-exemption ruling in March 2003, 23 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, Wolverine Nordic Ski Club Inc reported income of $58k and spending of $28k, leaving 52% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $34k to $58k (+73%), an average of +73% a year. The sharpest change came in the year to September 2023, when income rose by 73%. Over the whole period it spent 50% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wolverine Nordic Ski Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Quitman Athletic Booster Club ($58k), Kenyon Snowdrifters ($58k) and Bryan Soccer Club ($58k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 30% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.