Vail Mountain School

Analysis

Vail Mountain School is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vail Mountain School reported income of $17.3m and spending of $17.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.4m to $17.3m (+5.5%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vail Mountain School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Cal Poly Humboldt Foundation ($17.3m), Voice Charter School of New York ($17.3m) and Purdue Polytechnic High School of Indianapolis ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.0m (5.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $55.8m against liabilities of $30.4m, net assets of $25.3m. It reported 150 employees.