Mt Bachelor Sports Education Foundation

Analysis

Mt Bachelor Sports Education Foundation is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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, Mt Bachelor Sports Education Foundation reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.9m to $2.2m (-22%), an average of -8.1% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Bachelor Sports Education Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Eastern Minority Supplier Development Council ($2.2m), Family Service of Greater Baton Rouge ($2.2m) and ACLU Nebraska Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $119k (5.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.3m against liabilities of $662k, net assets of $3.7m. It reported 156 employees.