Bigfork Valley Foundation

Analysis

Bigfork Valley Foundation is a registered charity in United States, based in Bigfork, MN. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Bigfork Valley Foundation reported income of $123k and spending of $590k, spending 480% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $760k to $123k (-84%), an average of -84% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bigfork Valley Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include House of Hope of Washington County ($123k), Meds for Africa ($123k) and North Texas Wounded Warrior Golf Association ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $38k (6.5% of expenses). At year end it held assets of $192k against liabilities of $0, net assets of $192k.