Silver Run Skiing Foundation

Analysis

Silver Run Skiing Foundation is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in December 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Silver Run Skiing Foundation reported income of $297k and spending of $293k, spending 99% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $233k to $297k (+27%), an average of +8.4% a year. The sharpest change came in the year to May 2022, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silver Run Skiing Foundation 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 62nd percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Colony Brands Foundation Inc ($297k), Living Resources Foundation Inc ($297k) and Peace for the Persecuted ($297k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 61% of the total. Other salaries and wages came to $164k. At year end it held assets of $212k against liabilities of $8,732, net assets of $203k.