Ravalli Services Corporation

Analysis

Ravalli Services Corporation is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Ravalli Services Corporation reported income of $5.5m and spending of $5.2m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.6m to $5.5m (+19%), an average of +4.5% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ravalli Services Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Metrotech Area District Management Association Inc ($5.5m), Western South Dakota Community Action Inc ($5.5m) and Altoona-Blair County Development Corporation ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $90k (1.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $6.7m against liabilities of $346k, net assets of $6.4m. It reported 164 employees.