Belmont Ski Education Foundation

Analysis

Belmont Ski Education Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 December 2023, Belmont Ski Education Foundation reported income of $81k and spending of $82k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $81k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Belmont Ski Education Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MT. Charities of a similar size with the same main cause include Wisconsin Federation of Music Clubs ($81k), Fellowship Center Foundation Inc ($81k) and Gabrielino-Tongva Springs Foundation ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 89% of the total. At year end it held assets of $123k against liabilities of $3,138, net assets of $120k.