Central Cross Country Skiing Inc

Analysis

Central Cross Country Skiing Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Central Cross Country Skiing Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.0m to $1.2m (+14%), an average of +3.2% a year. The sharpest change came in the year to March 2021, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Cross Country Skiing Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Westside Bullets Softball Club ($1.2m), Minneapolis Hockey Association Inc ($1.2m) and Western Heritage Event Center Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Other salaries and wages came to $270k. At year end it held assets of $421k against liabilities of $211k, net assets of $210k. It reported 5 employees.