Billings Labor Temple Association

Analysis

Billings Labor Temple Association is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in January 1940, 86 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, Billings Labor Temple Association reported income of $80k and spending of $114k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $80k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Billings Labor Temple Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MT. Charities of a similar size with the same main cause include Little League Baseball Inc ($80k), Ballet Guild of Birmingham ($80k) and Montgomery County A&m Club Scholarship Foundation ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 51% of the total. At year end it held assets of $838k against liabilities of $0, net assets of $838k.