Gallatin Manor Inc

Analysis

Gallatin Manor Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Gallatin Manor Inc reported income of $556k and spending of $481k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $457k to $556k (+22%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gallatin Manor Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Community Ventures Inc ($556k), Aldersgate Housing Ministry of Oklahoma City ($556k) and Ahepa 232 Phase II Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $31k (6.4% of expenses). Other salaries and wages came to $114k. At year end it held assets of $1.9m against liabilities of $117k, net assets of $1.7m. It reported 6 employees.