Tahoe Mountain Resorts Foundation

Analysis

Tahoe Mountain Resorts Foundation is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Tahoe Mountain Resorts Foundation reported income of $724k and spending of $347k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $724k (+211%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 266%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tahoe Mountain Resorts Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Evergreen Charitable & Educational Foundation Inc ($723k), Golden Civic Foundation Inc ($724k) and Flint Jewish Federation ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.7m against liabilities of $137k, net assets of $3.5m.