Durango Nordic Ski Club Inc

Analysis

Durango Nordic Ski Club Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in September 1988, 38 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 August 2024, Durango Nordic Ski Club Inc reported income of $241k and spending of $251k, spending 104% of its income. Across the 5 years on record, from August 2020 to August 2024, income fell from $282k to $241k (-15%), an average of -3.9% a year. The sharpest change came in the year to August 2021, when income dropped by 19%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Durango Nordic Ski Club Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Ranger Snowmobile-Atv Club Inc ($241k), Lebanon Township Athletic Association ($241k) and Eastern CT Conference Inc ($241k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 42% and program service revenue 67% of the total. Other salaries and wages came to $124k. At year end it held assets of $602k against liabilities of $213k, net assets of $389k. It reported 29 employees.