Mountain Springs Living Inc

Analysis

Mountain Springs Living Inc is a registered charity in United States, based in Red Lodge, MT. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain Springs Living Inc reported income of $690k and spending of $706k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $621k to $690k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain Springs Living Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within MT. Charities of a similar size with the same main cause include Illinois Property Assessment Institute ($689k), Spring City Elderly Housing Corp ($690k) and Redlands Senior Housing II ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $449k. At year end it held assets of $474k against liabilities of $330k, net assets of $144k. It reported 16 employees.