Mount Washington Valley Alpine Education Foundation

Analysis

Mount Washington Valley Alpine Education Foundation is a registered charity in United States, based in Intervale, NH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mount Washington Valley Alpine Education Foundation reported income of $644k and spending of $606k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $384k to $644k (+68%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mount Washington Valley Alpine Education Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Federal Law Enforcement Officers Foundation ($644k), Delaware Charter Schools Network Inc ($644k) and Propel Atl Inc ($644k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 73% of the total. Other salaries and wages came to $344k. At year end it held assets of $307k against liabilities of $6,115, net assets of $301k. It reported 25 employees.