Eastern Montana Industries

Analysis

Eastern Montana Industries is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in June 1973, 53 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 June 2023, Eastern Montana Industries reported income of $4.6m and spending of $4.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.6m (+3.4%), an average of +0.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Montana Industries sits at the 91st percentile: it is larger than about 91% 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 San Jose Mothers Milk Bank ($4.6m), Dublin Preparatory Academy ($4.6m) and Economic Resources Corporation ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $83k (1.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.8m against liabilities of $493k, net assets of $5.3m. It reported 137 employees.