Mt Top Boys Home Inc

Analysis

Mt Top Boys Home Inc is a registered charity in United States, based in Sugar Valley, GA. It received its IRS tax-exemption ruling in February 1979, 47 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 June 2023, Mt Top Boys Home Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $694k to $1.1m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Top Boys Home Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Crystal Springs Baptist Camp ($1.1m), St Michaels Housing Inc ($1.1m) and Tahoe Truckee Community Scholarship Committee ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (6.9% of expenses). Other salaries and wages came to $483k. At year end it held assets of $829k against liabilities of $25k, net assets of $804k. It reported 15 employees.