Telluride Adaptive Ski Program
Analysis
Telluride Adaptive Ski Program is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in June 2003, 23 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 April 2023, Telluride Adaptive Ski Program reported income of $852k and spending of $858k, spending 101% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $859k to $852k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to April 2021, when income dropped by 29%. Over the whole period it spent 102% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Telluride Adaptive Ski Program sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Arise Inc ($852k), B T U Rest Home ($852k) and Natick Pegasus Inc ($852k).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 58% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.4m against liabilities of $187k, net assets of $1.2m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 17%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arise Inc | Springfield | $852k |
| B T U Rest Home | Bennettsville | $852k |
| Natick Pegasus Inc | Natick | $852k |
| The Second Wind Foundation | Houston | $852k |