Volcan Mountain Foundation

Analysis

Volcan Mountain Foundation is a registered charity in United States, based in Julian, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Volcan Mountain Foundation reported income of $4.6m and spending of $376k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $4.6m (+2252%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 715%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volcan Mountain Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Disability Network Eastern Michigan ($4.6m), St Williams Care Center ($4.6m) and Young Americans for Liberty Foundation ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $114k (30% of expenses). Other salaries and wages came to $36k. It paid $9,060 in professional fundraising fees. At year end it held assets of $8.6m against liabilities of $706k, net assets of $7.9m. It reported 4 employees.