Ashokan Foundation Inc

Analysis

Ashokan Foundation Inc is a registered charity in United States, based in Olivebridge, NY. It received its IRS tax-exemption ruling in August 2010, 16 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, Ashokan Foundation Inc reported income of $367k and spending of $237k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $367k (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 253%. Over the whole period it spent 133% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ashokan Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Thirsty Ground International ($367k), Cape & Islands Self-Reliance Corporation ($368k) and Conejos County Clean Water Inc ($367k).

At year end it held assets of $8.8m against liabilities of $1.4m, net assets of $7.5m.