Caring Foundation of Montana Inc

Analysis

Caring Foundation of Montana Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Caring Foundation of Montana Inc reported income of $162k and spending of $172k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $162k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 407%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caring Foundation of Montana Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Miracle Mullen Downs Foundation ($162k), Esther Ha Foundation Inc ($162k) and The Shepherds Clinic William HM Finney Foundation Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $635k against liabilities of $45k, net assets of $590k.