Copper Harbor Trails Society Inc

Analysis

Copper Harbor Trails Society Inc is a registered charity in United States, based in Houghton, MI. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Copper Harbor Trails Society Inc reported income of $1.1m and spending of $707k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $292k to $1.1m (+273%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Copper Harbor Trails Society Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Charlotte Field Hockey Club ($1.1m), Path Northwest ($1.1m) and Country Place Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $51k (7.3% of expenses). Other salaries and wages came to $29k. At year end it held assets of $912k against liabilities of $84, net assets of $911k. It reported 3 employees.