Montana Learning Center at Canyon Ferry Lake Inc

Analysis

Montana Learning Center at Canyon Ferry Lake Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Montana Learning Center at Canyon Ferry Lake Inc reported income of $612k and spending of $551k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $612k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montana Learning Center at Canyon Ferry Lake Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MT. Charities of a similar size with the same main cause include Communities in Schools of Catoosa County Inc ($612k), Friends of Lane ($613k) and Friends of Tsinghua Sem Inc ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $81k (15% of expenses). Other salaries and wages came to $162k. At year end it held assets of $611k against liabilities of $73k, net assets of $538k. It reported 43 employees.