American Birkebeiner Ski Foundation Inc

Analysis

American Birkebeiner Ski Foundation Inc is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in August 1989, 37 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 2023, American Birkebeiner Ski Foundation Inc reported income of $5.9m and spending of $4.9m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.9m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, American Birkebeiner Ski Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Youth Sailing Foundation of Indian River County ($5.9m), The Pittsburgh Parks Conservancy ($5.9m) and Central Washington Fair Association ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $157k (3.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.9m against liabilities of $3.9m, net assets of $5.9m. It reported 41 employees.