Summit Huts and Trails Association

Analysis

Summit Huts and Trails Association is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in August 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 (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, Summit Huts and Trails Association reported income of $430k and spending of $430k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $341k to $430k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Summit Huts and Trails Association 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 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include The Panther Junior Football Association ($430k), Abundant Life Ranch Inc ($431k) and Placentia Pony Baseball League Inc ($430k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.9% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $56k. At year end it held assets of $2.5m against liabilities of $13k, net assets of $2.5m. It reported 4 employees.