Ausblick Ski Race Team Corporation

Analysis

Ausblick Ski Race Team Corporation is a registered charity in United States, based in Hartland, WI. It received its IRS tax-exemption ruling in July 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 September 2023, Ausblick Ski Race Team Corporation reported income of $214k and spending of $209k, spending 98% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $247k to $214k (-13%), an average of -4.7% a year. The sharpest change came in the year to September 2021, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ausblick Ski Race Team Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Bowling Green Pee Wee League Inc ($214k), Stma Boys Basketball Association ($214k) and Bethel Park Hockey Boosters ($214k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 101% of the total. At year end it held assets of $202k against liabilities of $67k, net assets of $134k.