Western Montana Area VI Agency on Aging

Analysis

Western Montana Area VI Agency on Aging is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in July 1989, 37 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, Western Montana Area VI Agency on Aging reported income of $3.3m and spending of $2.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.3m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Montana Area VI Agency on Aging sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MT. Charities of a similar size with the same main cause include Mississippi Rural Water Association Inc ($3.3m), House of Hope Green Bay Inc ($3.3m) and Philips Tower Decatur Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $215k (8.4% of expenses). Other salaries and wages came to $696k. At year end it held assets of $3.1m against liabilities of $796k, net assets of $2.3m. It reported 26 employees.