Friends of Big Sky Education

Analysis

Friends of Big Sky Education is a registered charity in United States, based in Big Sky, MT. It received its IRS tax-exemption ruling in June 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Big Sky Education reported income of $999k and spending of $871k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $927k to $999k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Big Sky Education sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Senior Homes Foundation of Eastern Washington ($998k), Colorado Rockies Baseball Club Foundation ($999k) and Durhamcares Inc ($998k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $873k against liabilities of $1,093, net assets of $872k.