Kootenai Winter Sports Ski Education Foundation Inc

Analysis

Kootenai Winter Sports Ski Education Foundation Inc is a registered charity in United States, based in Libby, MT. It received its IRS tax-exemption ruling in August 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kootenai Winter Sports Ski Education Foundation Inc reported income of $95k and spending of $183k, spending 192% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $164k to $95k (-42%), an average of -13% a year. The sharpest change came in the year to June 2024, when income dropped by 73%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kootenai Winter Sports Ski Education Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MT. Charities of a similar size with the same main cause include Minneapolis Novas Boys High School Hockey Team Inc ($95k), Portsmouth Youth Basketball ($95k) and Houston Hoops Inc ($95k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $23k. At year end it held assets of $549k against liabilities of $48k, net assets of $500k. It reported 5 employees.