Mount Sneffels Education Foundation

Analysis

Mount Sneffels Education Foundation is a registered charity in United States, based in Ouray, CO. It received its IRS tax-exemption ruling in June 1993, 33 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 September 2023, Mount Sneffels Education Foundation reported income of $69k and spending of $134k, spending 193% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $119k to $69k (-42%), an average of -13% a year. The sharpest change came in the year to September 2020, when income dropped by 59%. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Sneffels Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Foreign Service Youth Foundation ($69k), Josh Merriman Foundation ($69k) and National Ambucs Inc ($69k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.