Keweenaw Community Forest Company

Analysis

Keweenaw Community Forest Company is a registered charity in United States, based in Mohawk, MI. It received its IRS tax-exemption ruling in February 2006, 20 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, Keweenaw Community Forest Company reported income of $385k and spending of $207k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $385k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Keweenaw Community Forest Company 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 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Ocean Futures Society Inc ($385k), Snake River Fund ($385k) and Northwest Center for Alternatives to Pesticides ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Other salaries and wages came to $18k. At year end it held assets of $12.8m against liabilities of $27k, net assets of $12.7m. It reported 3 employees.