Mount Hope Cemetery Association
Mount Hope Cemetery Association consistently grows assets with zero reported officer compensation.
EIN: 131073480 · Hastings Hdsn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.6M |
| Total Expenses | $5.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $110.7M |
| Transparency Score | 90/100 |
Is Mount Hope Cemetery Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Hope Cemetery Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Hope Cemetery Association
Mount Hope Cemetery Association (EIN: 131073480) is a nonprofit organization based in Hastings Hdsn, NY. The organization reported total revenue of $23.6M and total assets of $117.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Hope Cemetery Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Hope Cemetery Association is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.4M |
| Total Expenses | $5.9M |
| Surplus / Deficit | +$6.5M |
| Total Assets | $111.1M |
| Total Liabilities | $353K |
| Net Assets | $110.7M |
| Operating Margin | 52.4% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 226.8 months |
Financial Health Grade: A
In 2024, Mount Hope Cemetery Association reported a surplus of $6.5M with revenue exceeding expenses, holds 226.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Mount Hope Cemetery Association's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.2% | +1.9% | +13.7% |
| 2023 | +60.2% | +5.6% | -3.8% |
| 2022 | -23.1% | -6.5% | +10.7% |
| 2021 | +56.9% | +18.3% | +26.0% |
| 2020 | -1.0% | +1.1% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mount Hope Cemetery Association with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mount Hope Cemetery Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Mount Hope Cemetery Association reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong commitment to directing all financial resources towards the organization's mission, which is highly commendable for an organization with assets exceeding $100 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Mount Hope Cemetery Association:
- Consistent asset growth: Assets increased from $67.8 million in 2015 to $111 million in 2024.
- Strong financial surplus: Revenues consistently exceed expenses, such as $12.3 million revenue vs. $5.8 million expenses in 2024.
- Zero officer compensation: No salaries reported for officers across all available filings, indicating strong financial stewardship.
- Low liabilities: Liabilities are consistently a very small fraction of total assets, indicating strong financial stability (e.g., $353,172 liabilities vs. $111,077,369 assets in 2024).
- Positive revenue trends: Revenue has shown significant growth over the past decade, indicating a healthy and expanding financial base.
Frequently Asked Questions about Mount Hope Cemetery Association
Is Mount Hope Cemetery Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Hope Cemetery Association (EIN: 131073480) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Mount Hope Cemetery Association spend its money?
Mount Hope Cemetery Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Hope Cemetery Association tax-deductible?
Mount Hope Cemetery Association is registered as a tax-exempt nonprofit (EIN: 131073480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mount Hope Cemetery Association CEO make?
Mount Hope Cemetery Association's highest-compensated officer earns $100 annually. The organization reported $23.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mount Hope Cemetery Association's spending goes to programs?
Mount Hope Cemetery Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mount Hope Cemetery Association located?
Mount Hope Cemetery Association is headquartered in Hastings Hdsn, New York and files with the IRS under EIN 131073480.
How many years of IRS 990 filings does Mount Hope Cemetery Association have?
Mount Hope Cemetery Association has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $23.6M in total revenue.
Is Mount Hope Cemetery Association a good charity?
Based on the available financial data, Mount Hope Cemetery Association appears to be a well-managed and financially healthy organization. It consistently generates surpluses, grows its assets, and reports zero officer compensation, all of which are positive indicators of a 'good charity' from a financial perspective.
How has Mount Hope Cemetery Association's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $67.8 million in 2015 to $111 million in 2024, and revenues have generally increased, often doubling expenses, such as in 2024 where revenue was $12.3 million and expenses were $5.8 million.
What is the organization's approach to executive compensation?
Mount Hope Cemetery Association reports 0% officer compensation in all available filings, indicating a policy of not paying salaries to its officers. This is a very strong positive for financial stewardship.
How efficient is Mount Hope Cemetery Association with its spending?
The organization appears highly efficient, consistently generating significant surpluses where revenues substantially exceed expenses. For example, in 2024, revenue was $12,356,866 while expenses were $5,877,635, demonstrating effective cost management and resource allocation.
Filing History
IRS 990 filing history for Mount Hope Cemetery Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Mount Hope Cemetery Association's revenue has grown by 149.4%, moving from $5.0M to $12.4M. Total assets increased by 92.6% over the same period, from $57.7M to $111.1M. Total functional expenses rose by 46.5%, from $4.0M to $5.9M. In its most recent filing year (2024), Mount Hope Cemetery Association reported a surplus of $6.5M, with revenue exceeding expenses. The organization holds $353K in liabilities against $111.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $110.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12.4M | $5.9M | $111.1M | $353K | — | View 990 |
| 2023 | $12.5M | $5.8M | $97.7M | $1.1M | — | View 990 |
| 2022 | $7.8M | $5.5M | $101.5M | $1.0M | — | View 990 |
| 2021 | $10.2M | $5.8M | $91.7M | $1.3M | — | View 990 |
| 2020 | $6.5M | $4.9M | $72.8M | $1.8M | — | View 990 |
| 2019 | $6.5M | $4.9M | $78.9M | $1.3M | — | View 990 |
| 2018 | $5.9M | $5.4M | $74.6M | $1.8M | — | — |
| 2017 | $5.9M | $4.8M | $73.6M | $1.7M | — | View 990 |
| 2016 | $5.2M | $4.5M | $68.9M | $1.7M | — | View 990 |
| 2015 | $5.2M | $4.7M | $67.9M | $1.5M | — | View 990 |
| 2014 | $6.5M | $4.7M | $67.0M | $1.6M | — | View 990 |
| 2013 | $7.1M | $4.3M | $64.1M | $795K | — | View 990 |
| 2012 | $7.1M | $4.4M | $61.0M | $833K | — | View 990 |
| 2011 | $5.0M | $4.0M | $57.7M | $749K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $12.4M, expenses of $5.9M, and assets of $111.1M (revenue -1.2% year-over-year).
- 2023: Revenue of $12.5M, expenses of $5.8M, and assets of $97.7M (revenue +60.2% year-over-year).
- 2022: Revenue of $7.8M, expenses of $5.5M, and assets of $101.5M (revenue -23.1% year-over-year).
- 2021: Revenue of $10.2M, expenses of $5.8M, and assets of $91.7M (revenue +56.9% year-over-year).
- 2020: Revenue of $6.5M, expenses of $4.9M, and assets of $72.8M (revenue -1.0% year-over-year).
- 2019: Revenue of $6.5M, expenses of $4.9M, and assets of $78.9M (revenue +10.4% year-over-year).
- 2018: Revenue of $5.9M, expenses of $5.4M, and assets of $74.6M (revenue +0.4% year-over-year).
- 2017: Revenue of $5.9M, expenses of $4.8M, and assets of $73.6M (revenue +14.2% year-over-year).
- 2016: Revenue of $5.2M, expenses of $4.5M, and assets of $68.9M (revenue +0.3% year-over-year).
- 2015: Revenue of $5.2M, expenses of $4.7M, and assets of $67.9M (revenue -21.3% year-over-year).
- 2014: Revenue of $6.5M, expenses of $4.7M, and assets of $67.0M (revenue -7.5% year-over-year).
- 2013: Revenue of $7.1M, expenses of $4.3M, and assets of $64.1M (revenue -0.6% year-over-year).
- 2012: Revenue of $7.1M, expenses of $4.4M, and assets of $61.0M (revenue +43.8% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.0M, and assets of $57.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Hope Cemetery Association:
Data Sources and Methodology
This transparency report for Mount Hope Cemetery Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.