Walking Mountains

Analysis

Walking Mountains is a registered charity in United States, based in Avon, CO. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Walking Mountains reported income of $4.5m and spending of $5.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.5m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walking Mountains sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Huda School Inc ($4.5m), Continuing Legal Education in Colorado Inc ($4.5m) and Breakthrough Miami Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $281k (5.5% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $25.0m against liabilities of $1.6m, net assets of $23.4m. It reported 79 employees.