Missoula Downtown Foundation Inc

Analysis

Missoula Downtown Foundation Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in May 2010, 16 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, Missoula Downtown Foundation Inc reported income of $546k and spending of $273k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $546k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missoula Downtown Foundation Inc sits at the 68th percentile: it is larger than about 68% 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 Refuge Bowling Green ($546k), West Atlantic Redevelopment Coalition Inc ($546k) and Lumber and Building Material Dealers Foundation ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $887k against liabilities of $0, net assets of $887k.