Mountain Findings Inc

Analysis

Mountain Findings Inc is a registered charity in United States, based in Highlands, NC. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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, Mountain Findings Inc reported income of $503k and spending of $400k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $503k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Findings Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Friends of Castle Heights ($503k), Nevada Homes for Youth Inc ($503k) and Arc Muskegonm ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. At year end it held assets of $1.5m against liabilities of $1,219, net assets of $1.5m.