Park City Ski Educational Foundation

Analysis

Park City Ski Educational Foundation is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 May 2024, Park City Ski Educational Foundation reported income of $129k and spending of $228k, spending 177% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $95k to $129k (+35%), an average of +6.2% a year. The sharpest change came in the year to May 2022, when income rose by 147%. Over the whole period it spent 302% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park City Ski Educational Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within UT. Charities of a similar size with the same main cause include California Congress of Parents Teachers and Students Inc ($129k), Little League Baseball Inc ($129k) and Pioneers Incorporated ($129k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. At year end it held assets of $444k against liabilities of $1.1m, net assets of -$686k.