Ski for Light Inc

Analysis

Ski for Light Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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 June 2023, Ski for Light Inc reported income of $405k and spending of $394k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $355k to $405k (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ski for Light Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Noe Valley Association ($405k), Oconomowoc Area Senior Center Inc ($405k) and Linn-Mar School Foundation ($405k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $870k against liabilities of $15k, net assets of $855k.