Mountainville Academy

Analysis

Mountainville Academy is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mountainville Academy reported income of $7.3m and spending of $6.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $7.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountainville Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include TVCS ($7.3m), The Seattle School of Theology & Psychology ($7.3m) and Education Explosion Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $160k (2.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $15.5m against liabilities of $11.8m, net assets of $3.7m. It reported 124 employees.