Mountwest Foundation Inc

Analysis

Mountwest Foundation Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mountwest Foundation Inc reported income of $182k and spending of $136k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $62k to $182k (+196%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 820%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountwest Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WV. Charities of a similar size with the same main cause include Mission Creek Outreach Services ($182k), Second Community School Parents Association ($182k) and USA Softball of Oregon Inc ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $916k against liabilities of $0, net assets of $916k.