Buck Hill Ski Racing Club

Analysis

Buck Hill Ski Racing Club is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in August 1979, 47 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 August 2023, Buck Hill Ski Racing Club reported income of $450k and spending of $334k, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $305k to $450k (+47%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buck Hill Ski Racing Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Riverwood Health Care Center & Comm Hospital Foundation ($450k), Rediscover Foundation ($450k) and The Colony Band Booster Club Inc ($449k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 56% of the total. At year end it held assets of $513k against liabilities of $0, net assets of $513k.