Mountain Family Center

Analysis

Mountain Family Center is a registered charity in United States, based in Granby, CO. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mountain Family Center reported income of $2.3m and spending of $2.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mountain Family Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Operating Engineers Apprshp & Skill Improvement Committee for Cent Il ($2.3m), Metropolitan Housing Development Corporation ($2.3m) and Covenant Community Capital Corporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $202k (10.0% of expenses). Other salaries and wages came to $639k. At year end it held assets of $3.6m against liabilities of $1.4m, net assets of $2.2m. It reported 20 employees.