Fairbanks Ski Coalition

Analysis

Fairbanks Ski Coalition is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairbanks Ski Coalition reported income of $824k and spending of $860k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $159k to $824k (+417%), an average of +127% a year. The sharpest change came in the year to December 2022, when income rose by 333%. Over the whole period it spent 115% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Fairbanks Ski Coalition sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within AK. Charities of a similar size with the same main cause include Winnabow Volunteer Fire Department Inc ($823k), District 2 Emergency Services Inc ($824k) and Frostburg Fire Department No 1 Inc ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $280k. At year end it held assets of $662k against liabilities of $944k, net assets of -$282k. It reported 27 employees.