Duluth Nordic Ski Club Inc

Analysis

Duluth Nordic Ski Club Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in July 2020, 6 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 May 2023, Duluth Nordic Ski Club Inc reported income of $137k and spending of $105k, leaving 23% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $98k to $137k (+39%), an average of +40% a year. The sharpest change came in the year to May 2023, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Duluth Nordic Ski Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Arrowhead Basketball Club ($137k), Friends of Cape Florida Inc ($137k) and Future Fisherman Foundation ($137k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 8.3% and program service revenue 94% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.