Special Olympics Montana Inc

Analysis

Special Olympics Montana Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Special Olympics Montana Inc reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.8m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Special Olympics Montana 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 90th percentile, and in the 92nd percentile within MT. Charities of a similar size with the same main cause include Washington International Horseshow Association Ltd ($3.8m), Rise Soccer Club Inc ($3.8m) and Birmingham United Soccerassociation Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $279k (8.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $16.4m against liabilities of $229k, net assets of $16.2m. It reported 42 employees.