The University of Montana Western Foundation

Analysis

The University of Montana Western Foundation is a registered charity in United States, based in Dillon, MT. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The University of Montana Western Foundation reported income of $2.6m and spending of $1.6m, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $2.6m (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The University of Montana Western Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within MT. Charities of a similar size with the same main cause include Clinton Christian Academy Inc ($2.6m), Waccamaw Park Public Charter Schools Inc ($2.6m) and Easton Area Public Library ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 2.5% of the total. At year end it held assets of $12.8m against liabilities of $350k, net assets of $12.5m.