Billings Catholic Schools Foundation

Analysis

Billings Catholic Schools Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Billings Catholic Schools Foundation reported income of $2.8m and spending of $3.8m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.8m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Billings Catholic Schools Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MT. Charities of a similar size with the same main cause include Leap for Education Inc ($2.8m), Henry Ford Community College Foundation ($2.8m) and Trinity School Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $94k (2.5% of expenses). Other salaries and wages came to $95k. At year end it held assets of $32.9m against liabilities of $208k, net assets of $32.7m.