Remount Foundation

Analysis

Remount Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Remount Foundation reported income of $213k and spending of $179k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $229k to $213k (-7.2%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Remount Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Sunflower Health Network Inc ($213k), Cancer Gala Board ($213k) and America Nepal Medical Foundation ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $43k (24% of expenses). At year end it held assets of $161k against liabilities of $39k, net assets of $123k. It reported 1 employees.