4 Degrees Alpine Ski Team

Analysis

4 Degrees Alpine Ski Team is a registered charity in United States, based in Madison Lake, MN. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, 4 Degrees Alpine Ski Team reported income of $204k and spending of $212k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $204k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 4 Degrees Alpine Ski Team sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Azahar Foundation Ltd ($204k), El Centro Police Athletic League ($204k) and Hope for Families ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.