Mt Hood Ski Education Foundation Inc

Analysis

Mt Hood Ski Education Foundation Inc is a registered charity in United States, based in Hood River, OR. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mt Hood Ski Education Foundation Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $853k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Hood Ski Education Foundation Inc 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 82nd percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Family Service Bureau of Newark N J ($1.3m), Learning Lab Inc ($1.3m) and Pregnancy Resource Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 88% of the total. Other salaries and wages came to $484k. At year end it held assets of $745k against liabilities of $289k, net assets of $457k. It reported 30 employees.