Schoodic Institute at Acadia National Park

Analysis

Schoodic Institute at Acadia National Park is a registered charity in United States, based in Winter Harbor, ME. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Schoodic Institute at Acadia National Park reported income of $3.9m and spending of $3.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.9m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Schoodic Institute at Acadia National Park sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within ME. Charities of a similar size with the same main cause include Channel Islands Restoration ($3.9m), Native Land Conservancy Inc ($3.9m) and Michigan Environmental Council ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $157k (4.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.4m against liabilities of $450k, net assets of $5.9m. It reported 102 employees.