Blue Mountain School Inc

Analysis

Blue Mountain School Inc is a registered charity in United States, based in Floyd, VA. It received its IRS tax-exemption ruling in April 2014, 12 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 July 2023, Blue Mountain School Inc reported income of $482k and spending of $508k, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $339k to $482k (+42%), an average of +9.2% a year. The sharpest change came in the year to July 2022, when income rose by 124%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Mountain School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Rainbow Hearts Center Inc ($482k), Green Mountain Montessori School Inc ($482k) and Rabbi Elefant Talmidim Inc ($482k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $41k (8.1% of expenses). Other salaries and wages came to $360k. At year end it held assets of $273k against liabilities of $98k, net assets of $175k. It reported 34 employees.