Montana State University Book Store Inc

Analysis

Montana State University Book Store Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in October 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Montana State University Book Store Inc reported income of $4.8m and spending of $4.9m, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.7m to $4.8m (+80%), an average of +16% a year. The sharpest change came in the year to March 2023, when income rose by 105%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montana State University Book Store Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MT. Charities of a similar size with the same main cause include Massachusetts Conference for Women Inc ($4.8m), Rivermont Collegiate ($4.8m) and Gem Prep Meridian North LLC ($4.8m).

Compensation of current officers, directors and key employees was $182k (3.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.9m against liabilities of $1.6m, net assets of $4.3m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.