International Snowmobile Racing Hall of Fame Inc

Analysis

International Snowmobile Racing Hall of Fame Inc is a registered charity in United States, based in St Germain, WI. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, International Snowmobile Racing Hall of Fame Inc reported income of $84k and spending of $95k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $173k to $84k (-51%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 56%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Snowmobile Racing Hall of Fame Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Capa Space Inc ($84k), Duncanville Volunteer Fire Department Inc ($84k) and Hi-Line Pregnancy Resource Center ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. Compensation of current officers, directors and key employees was $21k (22% of expenses). At year end it held assets of $962k against liabilities of $31k, net assets of $931k. It reported 1 employees.