Montana Association for the Blind Inc

Analysis

Montana Association for the Blind Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in March 1953, 73 years ago. 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 December 2023, Montana Association for the Blind Inc reported income of $242k and spending of $230k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $103k to $242k (+135%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montana Association for the Blind Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MT. Charities of a similar size with the same main cause include Barbers Hill Homecoming and Scholarship Association ($242k), Ashe Memorial Hospital Foundation ($242k) and Catholic Charities Tell City ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $8,800 (3.8% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.7m against liabilities of $2,662, net assets of $1.7m. It reported 16 employees.