Mountain Alliance Inc

Analysis

Mountain Alliance Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in August 1990, 36 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 2024, Mountain Alliance Inc reported income of $363k and spending of $367k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $311k to $363k (+17%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mountain Alliance Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Republic of Thrift ($363k), Bethel Korean Presbyterian Church a R Synod ($363k) and Clarke County Historical Association Inc ($363k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $99k (27% of expenses). Other salaries and wages came to $91k. At year end it held assets of $271k against liabilities of $19k, net assets of $253k. It reported 6 employees.