Montana Independent Living Project Inc

Analysis

Montana Independent Living Project Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 September 2023, Montana Independent Living Project Inc reported income of $8.6m and spending of $8.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.8m to $8.6m (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montana Independent Living Project Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include Associated Students of the University of Calif at Berkeley ($8.6m), Catholic Charities of the Diocese of Sioux City ($8.6m) and Kirkland & Ellis Foundation ($8.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $142k (1.7% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $3.2m against liabilities of $1.1m, net assets of $2.1m. It reported 597 employees.