Mt Ascutney Outdoors Inc

Analysis

Mt Ascutney Outdoors Inc is a registered charity in United States, based in Brownsville, VT. It received its IRS tax-exemption ruling in April 2016, 10 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 April 2024, Mt Ascutney Outdoors Inc reported income of $395k and spending of $362k, spending 92% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $452k to $395k (-13%), an average of -3.3% a year. The sharpest change came in the year to April 2021, when income dropped by 38%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Ascutney Outdoors Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include St Louis Legacy Ice Foundation ($395k), Texas Tar Heels Basketball Academy Inc ($395k) and Girls on the Run West Michigan ($395k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $14k. At year end it held assets of $1.8m against liabilities of $666, net assets of $1.8m. It reported 3 employees.