Keweenaw Trails Services Inc

Analysis

Keweenaw Trails Services Inc is a registered charity in United States, based in Calumet, MI. It received its IRS tax-exemption ruling in May 2006, 20 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 September 2023, Keweenaw Trails Services Inc reported income of $579k and spending of $648k, spending 112% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $511k to $579k (+13%), an average of +4.3% a year. The sharpest change came in the year to September 2022, when income rose by 245%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Keweenaw Trails Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Hydra Aquatics Inc ($579k), Nycrtc ($579k) and Walnut Creek Masters Swimming Association ($579k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 7.6% of the total. Other salaries and wages came to $95k. At year end it held assets of $898k against liabilities of $120k, net assets of $778k. It reported 24 employees.