Loup Loup Ski Education Foundation

Analysis

Loup Loup Ski Education Foundation is a registered charity in United States, based in Twisp, WA. It received its IRS tax-exemption ruling in February 1983, 43 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 June 2023, Loup Loup Ski Education Foundation reported income of $1.1m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $631k to $1.1m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 111%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loup Loup Ski Education Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Larry Joe Harless Community Center Foundtion ($1.1m), NH Lakes Region Pickleball Club ($1.1m) and Conference Carolinas ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $68k (5.9% of expenses). Other salaries and wages came to $490k. At year end it held assets of $1.4m against liabilities of $203k, net assets of $1.2m. It reported 59 employees.