Killington Mountain School Inc

Analysis

Killington Mountain School Inc is a registered charity in United States, based in Killington, VT. It received its IRS tax-exemption ruling in February 1979, 47 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 June 2023, Killington Mountain School Inc reported income of $6.1m and spending of $6.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $6.1m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Killington Mountain School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VT. Charities of a similar size with the same main cause include Coa Youth & Family Centers Inc ($6.1m), Madison Highland Prep ($6.1m) and Catholic Migration Services Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $273k (4.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $8.8m against liabilities of $3.9m, net assets of $4.9m. It reported 118 employees.