Montana Nonprofit Association Inc

Analysis

Montana Nonprofit Association Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in September 2003, 23 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, Montana Nonprofit Association Inc reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Montana Nonprofit Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MT. Charities of a similar size with the same main cause include Lake County Land Reutilization Corp ($1.5m), Hillsborough Street Community Service Corporation ($1.5m) and Superior California Economic Development Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $408k. At year end it held assets of $1.5m against liabilities of $207k, net assets of $1.2m. It reported 8 employees.