Mountain Pathways School Inc

Analysis

Mountain Pathways School Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Mountain Pathways School Inc reported income of $563k and spending of $650k, spending 115% of what it took in. Across the 6 years on record, from July 2018 to July 2023, income fell from $566k to $563k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to July 2022, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Pathways School 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 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Cannon Beach Academy ($562k), Phase 3 Training Corporation ($563k) and Discovery Preschool & Childcare Inc ($562k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $91k (14% of expenses). Other salaries and wages came to $366k. At year end it held assets of $264k against liabilities of $182k, net assets of $82k. It reported 40 employees.