Our Lady of the Snows Foundation Inc

Analysis

Our Lady of the Snows Foundation Inc is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Our Lady of the Snows Foundation Inc reported income of $226k and spending of $62k, leaving 72% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $1.1m to $226k (-80%), an average of -42% a year. The sharpest change came in the year to June 2022, when income dropped by 79%. Over the whole period it spent 6.7% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Our Lady of the Snows Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within ID. Charities of a similar size with the same main cause include Red River Institute of History Inc ($226k), Midrash David Foundation Inc ($226k) and Give Em Jesus ($226k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.