Commit Foundation

Analysis

Commit Foundation is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Commit Foundation reported income of $1.3m and spending of $3.2m, spending 248% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 309%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Commit Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MT. Charities of a similar size with the same main cause include Metcalfe Park Community Bridges Inc ($1.3m), Central Area Rural Transit System Inc ($1.3m) and Community Matters Cincinnati Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $145k (4.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $984k against liabilities of $140k, net assets of $844k. It reported 15 employees.