Friends of the Mountain

Analysis

Friends of the Mountain is a registered charity in United States, based in Greenvlle JCT, ME. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Friends of the Mountain reported income of $656k and spending of $594k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $656k (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Mountain sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Oregon Futbol Academy ($656k), Parents for Carpenter Inc ($656k) and Richfield Gymnastics Club ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $155k. At year end it held assets of $374k against liabilities of $0, net assets of $374k.