Mountain T O P Inc

Analysis

Mountain T O P Inc is a registered charity in United States, based in Altamont, TN. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 T O P Inc reported income of $800k and spending of $976k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $800k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mountain T O P Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Hollenbeck Police Business Council ($800k), Megan Meier Foundation ($801k) and Baytown Youth Fair and Livestock Association Inc ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $75k (7.7% of expenses). Other salaries and wages came to $357k. At year end it held assets of $1.1m against liabilities of $509k, net assets of $543k. It reported 46 employees.