Trust Montana Inc

Analysis

Trust Montana Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in November 2013, 13 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, Trust Montana Inc reported income of $298k and spending of $252k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $311k to $298k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trust Montana Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Sheet Metal Contracting Industry Education Fund of Northeastern Pen ($298k), Shaker Heights Development Corp ($298k) and Booneville Main Street Association ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Other salaries and wages came to $172k. At year end it held assets of $1.3m against liabilities of $203k, net assets of $1.1m.