Mountain Top Ministries Inc

Analysis

Mountain Top Ministries Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Mountain Top Ministries Inc reported income of $273k and spending of $312k, spending 114% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $253k to $273k (+8.2%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mountain Top Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include International University and Theological Seminary ($273k), Gurdwara Akaljot ($273k) and Molokan Elementary School Endowment ($273k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). Other salaries and wages came to $30k. At year end it held assets of $490k against liabilities of $8,040, net assets of $482k. It reported 2 employees.

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.