Winter Sports School in Park City

Analysis

Winter Sports School in Park City is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Winter Sports School in Park City reported income of $1.9m and spending of $1.4m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.9m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winter Sports School in Park City sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within UT. Charities of a similar size with the same main cause include Delaware Valley Classical Schools Inc ($1.9m), Hyannis Public Library Association ($1.9m) and Open Source Robotics Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $123k (8.8% of expenses). Other salaries and wages came to $635k. At year end it held assets of $6.1m against liabilities of $1.7m, net assets of $4.4m. It reported 27 employees.