Spanish Peaks Community Foundation

Analysis

Spanish Peaks Community Foundation is a registered charity in United States, based in Big Sky, MT. It received its IRS tax-exemption ruling in July 2014, 12 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, Spanish Peaks Community Foundation reported income of $1.1m and spending of $921k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $1.1m (+309%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Spanish Peaks Community Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Maskeel El Daz Society Inc ($1.1m), New York Professional Advisors for Community Entrepreneurs Inc ($1.1m) and Prospect Silicon Valley ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $992k against liabilities of $663, net assets of $991k.