Mountain Education Foundation

Analysis

Mountain Education Foundation is a registered charity in United States, based in Signal MTN, TN. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2024, Mountain Education Foundation reported income of $917k and spending of $753k, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $725k to $917k (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Education Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Colorado River Fair Junior Livestock Boosters Incorporated ($917k), Hawkeye Properties and Workforce Innovation Inc ($917k) and Osterville Free Library Corporation ($916k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $106k (14% of expenses). It paid $9,344 in professional fundraising fees. At year end it held assets of $4.6m against liabilities of $114k, net assets of $4.5m. It reported 3 employees.