Mt Spokane Alpine Team

Analysis

Mt Spokane Alpine Team is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 2002, 24 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 August 2023, Mt Spokane Alpine Team reported income of $345k and spending of $394k, spending 114% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $375k to $345k (-8.2%), an average of -2.8% a year. 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, Mt Spokane Alpine Team 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 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Elk Grove Aquatics Club ($344k), Slsa Inc ($345k) and South Bay Youth Soccer Inc ($344k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.7% and program service revenue 85% of the total. Other salaries and wages came to $136k. At year end it held assets of $24k against liabilities of $67k, net assets of -$43k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.