Monte Vista Community Fund Inc

Analysis

Monte Vista Community Fund Inc is a registered charity in United States, based in Monte Vista, CO. It received its IRS tax-exemption ruling in December 2015, 11 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 (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, Monte Vista Community Fund Inc reported income of $574k and spending of $647k, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $248k to $574k (+131%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 298%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Monte Vista Community Fund Inc 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 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Cottage Grove Community Foundation ($574k), Gratitude Global ($574k) and Wes Corporation ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.