Au Sable Trails Institute of Environmental Studies

Analysis

Au Sable Trails Institute of Environmental Studies is a registered charity in United States, based in Mancelona, MI. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Au Sable Trails Institute of Environmental Studies reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from September 2019 to March 2023, income grew from $1.1m to $1.4m (+24%), an average of +5.5% a year. The sharpest change came in the year to March 2022, when income rose by 97%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Au Sable Trails Institute of Environmental Studies sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Le Petit Theatre du Vieux Carre ($1.4m), Hillel the Foundation for Jewish Campus Life ($1.4m) and The Community Foundation of Greater Decatur ($1.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 29% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $94k (7.4% of expenses). Other salaries and wages came to $437k. At year end it held assets of $4.4m against liabilities of $173k, net assets of $4.2m. It reported 51 employees.