Human Resource Development Council of District IX Inc

Analysis

Human Resource Development Council of District IX Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Human Resource Development Council of District IX Inc reported income of $31.4m and spending of $21.0m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $31.4m (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human Resource Development Council of District IX Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within MT. Charities of a similar size with the same main cause include Upcap Services Inc ($31.4m), Alexander Youth Network ($31.5m) and Verland Foundation Inc ($31.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $347k (1.7% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $62.7m against liabilities of $11.7m, net assets of $51.0m. It reported 287 employees.