Mount Sopris Nordic Council Inc

Analysis

Mount Sopris Nordic Council Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 April 2024, Mount Sopris Nordic Council Inc reported income of $608k and spending of $177k, leaving 71% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $136k to $608k (+346%), an average of +346% a year. The sharpest change came in the year to April 2024, when income rose by 346%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Sopris Nordic Council Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Haygood-Neal Garden Apartments Inc ($608k), Vai Foundation Inc ($608k) and Day Worker Center of Mountain View ($608k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $41k (23% of expenses). Other salaries and wages came to $44k. At year end it held assets of $587k against liabilities of $0, net assets of $587k. It reported 8 employees.