Mountain Foundation for Education

Analysis

Mountain Foundation for Education is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mountain Foundation for Education reported income of $351k and spending of $333k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $296k to $351k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 382%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Foundation for Education sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Tri-State Area Tuition Mission Foundation ($351k), Association of Jewish Libraries Inc ($351k) and Friends of Loma Vista Farm ($351k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $6.8m against liabilities of $2.9m, net assets of $3.9m.