Northeast Montana Stat Air Ambulance Cooperative

Analysis

Northeast Montana Stat Air Ambulance Cooperative is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in December 2007, 19 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northeast Montana Stat Air Ambulance Cooperative reported income of $6.3m and spending of $6.1m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.1m to $6.3m (+3.1%), an average of +0.6% a year. The sharpest change came in the year to June 2023, when income rose by 30%. 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, Northeast Montana Stat Air Ambulance Cooperative sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include Jewish Federation of Greater Kansas City ($6.3m), Kickstart-International Inc ($6.3m) and Hudson Community Foundation ($6.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $11.3m against liabilities of $557k, net assets of $10.7m.