Fort Benton Community Improvement Association

Analysis

Fort Benton Community Improvement Association is a registered charity in United States, based in Fort Benton, MT. It received its IRS tax-exemption ruling in November 1965, 61 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, Fort Benton Community Improvement Association reported income of $251k and spending of $233k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $251k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Benton Community Improvement Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MT. Charities of a similar size with the same main cause include St Albert Trust ($250k), One Voice of Hunterdon ($251k) and Winston-Salem Center for Education and the Arts ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 11% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.