Mountain Mission School Endowment Foundation

Analysis

Mountain Mission School Endowment Foundation is a registered charity in United States, based in Grundy, VA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Mountain Mission School Endowment Foundation reported income of $737k and spending of $5.1m, spending 695% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $5.1m to $737k (-86%), an average of -38% a year. The sharpest change came in the year to July 2022, when income dropped by 82%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mountain Mission School Endowment Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Schenectady Foundation Inc ($737k), Woodville Properties Inc ($737k) and Fmi Foundation ($737k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.6% of the total. At year end it held assets of $40.3m against liabilities of $1.0m, net assets of $39.3m.