Ashokan Center Inc

Analysis

Ashokan Center 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ashokan Center Inc reported income of $929k and spending of $872k, spending 94% of its income. Across the 6 years on record, from August 2019 to December 2023, income fell from $3.1m to $929k (-70%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ashokan Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Coosa River Basin Initiative ($928k), Wild Ones -- Natural Landscapers Ltd ($929k) and Whole Earth Nature School ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $25k (2.9% of expenses). Other salaries and wages came to $422k. At year end it held assets of $2.7m against liabilities of $1.0m, net assets of $1.7m. It reported 64 employees.