Sbca Foundation and Endowment

Analysis

Sbca Foundation and Endowment is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Sbca Foundation and Endowment reported income of $2.4m and spending of $117k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $550k to $2.4m (+335%), an average of +335% a year. The sharpest change came in the year to December 2023, when income rose by 335%. Over the whole period it spent 4.2% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sbca Foundation and Endowment sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MT. Charities of a similar size with the same main cause include Jazz Arts Group of Columbus ($2.4m), Dakota Territory Air Museum Inc ($2.4m) and Multicultural Community Family Services Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.