Anchorage Ski Club Inc

Analysis

Anchorage Ski Club Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2001, 25 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, Anchorage Ski Club Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $569k to $1.3m (+127%), an average of +18% a year. The sharpest change came in the year to May 2021, when income rose by 80%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anchorage Ski Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within AK. Charities of a similar size with the same main cause include Young Mens Christian Association of Harrison County Inc ($1.3m), Comal County Fair Association of Texas ($1.3m) and Camp Fern Legacy ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.7% and program service revenue 79% of the total. Other salaries and wages came to $574k. At year end it held assets of $1.2m against liabilities of $390k, net assets of $761k. It reported 86 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.