Mountain Valley Developmental Services Inc

Analysis

Mountain Valley Developmental Services Inc is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mountain Valley Developmental Services Inc reported income of $13.6m and spending of $12.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $13.6m (+26%), an average of +6.0% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mountain Valley Developmental Services Inc 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 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Rainbows United Inc ($13.6m), SDG Impact Fund Inc ($13.6m) and Assumption Home Inc ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $288k (2.2% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $9.9m against liabilities of $2.2m, net assets of $7.7m. It reported 232 employees.