Mountain Vista Retirement Residence

Analysis

Mountain Vista Retirement Residence is a registered charity in United States, based in Lander, WY. It received its IRS tax-exemption ruling in January 1998, 28 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 October 2023, Mountain Vista Retirement Residence reported income of $420k and spending of $316k, leaving 25% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $280k to $420k (+50%), an average of +11% a year. The sharpest change came in the year to October 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain Vista Retirement Residence sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within WY. Charities of a similar size with the same main cause include Our Coastal Village Foundation Inc ($420k), Bonham RHF Housing Inc ($421k) and Chattanooga Community Housing Development Organization Inc ($420k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 10.0% and program service revenue 87% of the total. Other salaries and wages came to $98k. At year end it held assets of $1.6m against liabilities of $806k, net assets of $753k. It reported 2 employees.