Rocky Mountain Ski Instructors Educational Foundation

Analysis

Rocky Mountain Ski Instructors Educational Foundation is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in August 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rocky Mountain Ski Instructors Educational Foundation reported income of $1.7m and spending of $1.4m, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.7m (+45%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rocky Mountain Ski Instructors Educational Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include The Tidings ($1.7m), Nga Research and Education Foundation ($1.7m) and Founders Ministries Inc ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 94% of the total. Other salaries and wages came to $716k. At year end it held assets of $1.3m against liabilities of $227k, net assets of $1.0m. It reported 142 employees.