Alta Mons Inc

Analysis

Alta Mons Inc is a registered charity in United States, based in Shawsville, VA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Alta Mons Inc reported income of $518k and spending of $565k, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $526k to $518k (-1.5%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alta Mons Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Friends of Silver Falls State Park Inc ($518k), Montessori Association of Schenectady ($518k) and Epilepsy Foundation of Northern California ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 53% of the total. At year end it held assets of $703k against liabilities of $148k, net assets of $555k. It reported 46 employees.