Snowbasin Ski Education Foundation

Analysis

Snowbasin Ski Education Foundation is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in July 1988, 38 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 June 2023, Snowbasin Ski Education Foundation reported income of $1.2m and spending of $556k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $1.2m (+153%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Snowbasin Ski Education Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Vaishnav Sangh of USA Inc ($1.2m), San Francisco Senior and Disability Action ($1.2m) and Music Center of the Northwest Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 91% of the total. Other salaries and wages came to $257k. At year end it held assets of $889k against liabilities of $34k, net assets of $855k. It reported 69 employees.