Mountain Foundation

Analysis

Mountain Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Mountain Foundation reported income of $214k and spending of $68k, leaving 68% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $192k to $214k (+12%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 338%. Over the whole period it spent 36% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mountain Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Umpqua Valley Tennis Center Inc ($214k), Central Illinois Girls Hockey Association Inc NFP ($214k) and Stma Boys Basketball Association ($214k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $33k. At year end it held assets of $344k against liabilities of $0, net assets of $344k.