Mount Horeb Summer Frolic Inc

Analysis

Mount Horeb Summer Frolic Inc is a registered charity in United States, based in Mount Horeb, WI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mount Horeb Summer Frolic Inc reported income of $84k and spending of $50k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $84k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 5702%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Horeb Summer Frolic Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Andrea Rose Teodosio Memorial Foundation ($84k), Spartans4life Foundation ($84k) and Sweet Pea Foundation Inc ($84k).

At year end it held assets of $126k against liabilities of $0, net assets of $126k.