Heart of the Rockies Initiative

Analysis

Heart of the Rockies Initiative is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Heart of the Rockies Initiative reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $499k to $1.5m (+210%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Heart of the Rockies Initiative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within MT. Charities of a similar size with the same main cause include Turtle Creek Conservancy ($1.5m), Sierra Streams Institute ($1.5m) and Save Oswit Canyon Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $270k (18% of expenses). Other salaries and wages came to $461k. At year end it held assets of $479k against liabilities of $69k, net assets of $410k. It reported 11 employees.