Kachemak Nordic Ski Club Inc

Analysis

Kachemak Nordic Ski Club Inc is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in June 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kachemak Nordic Ski Club Inc reported income of $117k and spending of $139k, spending 119% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $158k to $117k (-26%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kachemak Nordic Ski Club Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within AK. Charities of a similar size with the same main cause include Menomonee Falls Youth Basketball Association Inc ($117k), Minnesota National Wrestling Duals ($117k) and Mooresville Youth Athletics Inc ($117k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 14% of the total. At year end it held assets of $293k against liabilities of $4,815, net assets of $288k.