Hodag Sno-Trails Inc

Analysis

Hodag Sno-Trails Inc is a registered charity in United States, based in Rhinelander, WI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Hodag Sno-Trails Inc reported income of $115k and spending of $117k, spending 101% of its income. Across the 3 years on record, from May 2019 to May 2024, income fell from $121k to $115k (-4.9%), an average of -2.5% a year. The sharpest change came in the year to May 2024, when income dropped by 22%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hodag Sno-Trails Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Mount Washington Valley Youth Hockey Association ($115k), The Benicia Stingray Swim Team ($115k) and Valley Storm Softball Inc ($115k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $289k against liabilities of $234k, net assets of $56k.