The West Mont Foundation

Analysis

The West Mont Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in May 2002, 24 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The West Mont Foundation reported income of $959k and spending of $749k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $884k to $959k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The West Mont Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within MT. Charities of a similar size with the same main cause include West Bank Community Housing Corporation ($959k), North Hennepin Community College Foundation ($959k) and Carthage Economic Development Corporation ($958k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 53% of the total. At year end it held assets of $12.3m against liabilities of $880k, net assets of $11.4m.