Cut Bank Golf & Country Club

Analysis

Cut Bank Golf & Country Club is a registered charity in United States, based in Cut Bank, MT. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 October 2023, Cut Bank Golf & Country Club reported income of $266k and spending of $247k, spending 93% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $186k to $266k (+43%), an average of +9.3% a year. The sharpest change came in the year to October 2021, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cut Bank Golf & Country Club sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MT. Charities of a similar size with the same main cause include H O P E for Youth Foundation Inc ($266k), Myelin Repair Foundation Inc ($266k) and The Foundation of the Broome-Tioga Association for Retarded Citizens ($266k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 26% and program service revenue 33% of the total. Other salaries and wages came to $120k. At year end it held assets of $527k against liabilities of $36k, net assets of $491k. It reported 9 employees.