Sweet Grass Community Foundation

Analysis

Sweet Grass Community Foundation is a registered charity in United States, based in Big Timber, MT. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Sweet Grass Community Foundation reported income of $1.0m and spending of $651k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $814k to $1.0m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sweet Grass Community Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Downtown Toledo Improvement District ($1.0m), Production & Operations Management ($1.0m) and Better Business Bureau of Central California Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.6% of the total. Other salaries and wages came to $94k. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m. It reported 2 employees.