Mountain Song Community School Building Corporation

Analysis

Mountain Song Community School Building Corporation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mountain Song Community School Building Corporation reported income of $1.3m and spending of $415k, leaving 67% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $407 to $1.3m (+312910%), an average of +5495% a year. The sharpest change came in the year to June 2023, when income rose by 29333%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mountain Song Community School Building Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Capitol Hill Community Foundation ($1.3m), Huntsville Dream Center Inc ($1.3m) and Nancy Ann Hunt Foundation ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 28% of the total. At year end it held assets of $6.8m against liabilities of $6.7m, net assets of $66k.