Mountain Home Research & Education Corporation

Analysis

Mountain Home Research & Education Corporation is a registered charity in United States, based in Mountain Home, TN. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Mountain Home Research & Education Corporation reported income of $714k and spending of $708k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $430k to $714k (+66%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 132%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mountain Home Research & Education Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include The Common Good Institute Inc ($714k), American College of Health Care Administrators ($714k) and Hope Scarves Inc ($714k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $697k against liabilities of $0, net assets of $697k.