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Telluride Adaptive Ski Program

RegisteredEIN 84-1337870Telluride, COOther charitable purposes
Income$852k2023-04
Spending$858ksame year
Spent / received102%5-year average
Size in its cause76th pctOther charitable purposes
Exempt since2003Publicly supported organisat
Employees19latest return

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

$0$280k$560k$840k$1.1m2019 Income: $859,4322019 Spending: $875,59320192020 Income: $975,8302020 Spending: $1,120,36820202021 Income: $693,3132021 Spending: $640,46920212022 Income: $803,0042022 Spending: $787,34320222023 Income: $851,9602023 Spending: $857,9682023
IncomeSpending

Where the income comes from

  • Contributions & grants 58%
  • Program services 17%
  • Other 24%

Similar-sized charities, same cause

CharityLocationIncome
Arise IncSpringfield$852k
B T U Rest HomeBennettsville$852k
Natick Pegasus IncNatick$852k
The Second Wind FoundationHouston$852k