Montana Chamber Foundation

Analysis

Montana Chamber Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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 September 2023, Montana Chamber Foundation reported income of $562k and spending of $593k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $196k to $562k (+187%), an average of +30% a year. The sharpest change came in the year to September 2022, when income rose by 263%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montana Chamber Foundation 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 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Genesis House Inc ($562k), Satellite Senior Homes Newark Gardens II Inc ($562k) and Kettering Fairmont Athletic Boosters ($562k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $957k against liabilities of $131k, net assets of $826k.