Tenth Mountain Division Hut Association Inc

Analysis

Tenth Mountain Division Hut Association Inc is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in May 1983, 43 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 June 2023, Tenth Mountain Division Hut Association Inc reported income of $1.9m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tenth Mountain Division Hut Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include South Bronx United Inc ($1.9m), Youth Golf Foundation of the Carolinas ($1.9m) and Push the Rock ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $130k (7.5% of expenses). Other salaries and wages came to $385k. At year end it held assets of $7.5m against liabilities of $2.8m, net assets of $4.7m. It reported 11 employees.