Mountain Song Community School LLC

Analysis

Mountain Song Community School LLC is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mountain Song Community School LLC reported income of $4.9m and spending of $5.1m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $4.9m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Song Community School LLC sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Southampton Academy ($4.9m), Trinity Christian School Inc ($4.9m) and Cesar Chavez College Preparatory School ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $87k (1.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.3m against liabilities of $6.7m, net assets of -$3.5m. It reported 106 employees.