Mountaintrue

Analysis

Mountaintrue is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Mountaintrue reported income of $2.5m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.5m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mountaintrue sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Mississippi Valley Conservancy Inc ($2.5m), Conservation Florida Inc ($2.5m) and South Dakota High School Activities Association ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $91k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $171k, net assets of $1.6m. It reported 23 employees.