Mountain Lakes Educational Foundation Inc

Analysis

Mountain Lakes Educational Foundation Inc is a registered charity in United States, based in Mountain Lakes, NJ. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain Lakes Educational Foundation Inc reported income of $70k and spending of $73k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $70k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Lakes Educational Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Chagrin Falls Parent Teacher Organization ($70k), E J Marshall PTO ($70k) and Holy Rosary Sustaining Fund ($70k).

At year end it held assets of $69k against liabilities of $0, net assets of $69k.