Mountain Living Community Inc

Analysis

Mountain Living Community Inc is a registered charity in United States, based in Belington, WV. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain Living Community Inc reported income of $475k and spending of $961k, spending 202% of what it took in. The sharpest change came in the year to December 2023, when income rose by 298%. Over the whole period it spent 376% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain Living Community Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WV. Charities of a similar size with the same main cause include Elders Lodge Corporation ($475k), Hearts and Hammers Twin Cities ($475k) and 50th Street Housing Development Fund Corporation ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $26k (2.7% of expenses). Other salaries and wages came to $414k. At year end it held assets of $599k against liabilities of $2.4m, net assets of -$1.8m. It reported 29 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.