The Mountain Retreat & Learning Center Inc

Analysis

The Mountain Retreat & Learning Center Inc is a registered charity in United States, based in Highlands, NC. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Mountain Retreat & Learning Center Inc reported income of $2.7m and spending of $1.3m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.7m (+127%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Mountain Retreat & Learning Center Inc sits at the 89th percentile: it is larger than about 89% 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 Community Foundation Partnership Inc ($2.7m), Charter Conservatory for Liberal Arts & Technology Inc ($2.7m) and Brown County Community Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $141k (11% of expenses). Other salaries and wages came to $304k. At year end it held assets of $3.7m against liabilities of $114k, net assets of $3.6m. It reported 47 employees.