Sun Valley Ski Education Foundation Inc

Analysis

Sun Valley Ski Education Foundation Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in January 1967, 59 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 May 2023, Sun Valley Ski Education Foundation Inc reported income of $5.8m and spending of $4.4m, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to May 2023, income grew from $3.6m to $5.8m (+60%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sun Valley Ski Education Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within ID. Charities of a similar size with the same main cause include The Hospice Foundation of Martin & St Lucie Inc ($5.8m), Northeast Independent Living Services ($5.8m) and Bridges BTC Inc ($5.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $7.6m against liabilities of $143k, net assets of $7.5m. It reported 173 employees.