Great Falls Clinic Legacy Foundation

Analysis

Great Falls Clinic Legacy Foundation is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Great Falls Clinic Legacy Foundation reported income of $311k and spending of $350k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $444k to $311k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Great Falls Clinic Legacy Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MT. Charities of a similar size with the same main cause include Arid1b Research Foundation ($311k), Charity of the Eye Care Network ($311k) and Sparks PPD Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $83k (24% of expenses). Other salaries and wages came to $40k. At year end it held assets of $4.0m against liabilities of $796k, net assets of $3.2m.