Council of the Southern Mountains Inc

Analysis

Council of the Southern Mountains Inc is a registered charity in United States, based in Welch, WV. It received its IRS tax-exemption ruling in March 1965, 61 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 August 2023, Council of the Southern Mountains Inc reported income of $3.6m and spending of $3.7m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $3.6m (+95%), an average of +18% a year. The sharpest change came in the year to August 2021, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of the Southern Mountains Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Finger Lakes Community College Foundation ($3.6m), Monocacy Montessori Community Inc ($3.6m) and Society for Preservation of Weeksville & Bedford-Stuyvesant Hi ($3.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $77k (2.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.2m against liabilities of $348k, net assets of $834k. It reported 106 employees.