Sweet Grass Technical Institute

Analysis

Sweet Grass Technical Institute is a registered charity in United States, based in Big Timber, MT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sweet Grass Technical Institute reported income of $82k and spending of $119k, spending 145% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $62k to $82k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sweet Grass Technical Institute sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within MT. Charities of a similar size with the same main cause include Upper Perk PTFS ($82k), Columbus Chinese Academy ($82k) and Friends of Montessori Childrens Room ($82k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $6,056. At year end it held assets of $37k against liabilities of $2,774, net assets of $34k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.