Greater Polson Community Foundation Inc

Analysis

Greater Polson Community Foundation Inc is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in December 2008, 18 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 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 December 2023, Greater Polson Community Foundation Inc reported income of $443k and spending of $374k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $443k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Polson Community Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MT. Charities of a similar size with the same main cause include Heart of Oklahoma Youth Rodeo Association ($443k), Patrick Henry College Foundation ($443k) and Child Advocacy Center of Allen County Indiana Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $45k (12% of expenses). At year end it held assets of $2.1m against liabilities of $20k, net assets of $2.1m. It reported 1 employees.