Montana Library Association Inc

Analysis

Montana Library Association Inc is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Montana Library Association Inc reported income of $103k and spending of $87k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $76k to $103k (+35%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montana Library Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MT. Charities of a similar size with the same main cause include Urbanext ($103k), Poestenkill Library ($103k) and Shadow Creek High School Band Boosters ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 89% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.