Region III Ski Racing

Analysis

Region III Ski Racing is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in February 2000, 26 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 June 2024, Region III Ski Racing reported income of $77k and spending of $105k, spending 137% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $77k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 134% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Region III Ski Racing sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Equality Forum Inc ($77k), Chicago Dragons RFC ($77k) and USA Archery Arizona ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 43% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.