Shawano Ski Sharks Inc

Analysis

Shawano Ski Sharks Inc is a registered charity in United States, based in Shawano, WI. It received its IRS tax-exemption ruling in August 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 December 2023, Shawano Ski Sharks Inc reported income of $149k and spending of $111k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $149k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shawano Ski Sharks Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Tassajara Valley Little League ($149k), Lander Aau Swim Club Inc ($149k) and Riviera Club Foundation Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.