Better Billings Foundation

Analysis

Better Billings Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in April 2005, 21 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 September 2023, Better Billings Foundation reported income of $1.0m and spending of $879k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $606k to $1.0m (+73%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Better Billings Foundation 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 80th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Sweeney Classic ($1.0m), Justin Thomas Foundation Inc ($1.0m) and Light the Way Ministry ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 55% of the total. Other salaries and wages came to $363k. At year end it held assets of $5.0m against liabilities of $946k, net assets of $4.0m. It reported 91 employees.