High Mountain Institute Inc

Analysis

High Mountain Institute Inc is a registered charity in United States, based in Leadville, CO. It received its IRS tax-exemption ruling in August 1995, 31 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 May 2023, High Mountain Institute Inc reported income of $6.5m and spending of $5.2m, leaving 20% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.9m to $6.5m (+10%), an average of +2.4% a year. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Mountain Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Center for Education NJ Inc ($6.5m), Mr & Mrs E H Sumners Foundation ($6.5m) and Alpha Chi Omega Foundation Inc ($6.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $183k (3.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $21.9m against liabilities of $1.3m, net assets of $20.6m. It reported 62 employees.