Bozeman Fiber

Analysis

Bozeman Fiber is a registered charity in United States, based in Belgrade, MT. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bozeman Fiber reported income of $1.6m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $1.6m (+338%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bozeman Fiber 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 Miami Valley Research Foundation ($1.6m), Redf Impact Investing Fund ($1.6m) and Oconto County Economic Development Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 50% of the total. Compensation of current officers, directors and key employees was $152k (12% of expenses). At year end it held assets of $67.8m against liabilities of $68.0m, net assets of -$190k. It reported 6 employees.