Billings Clinic Foundation

Analysis

Billings Clinic Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in March 1983, 43 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 June 2023, Billings Clinic Foundation reported income of $10.4m and spending of $6.1m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.7m to $10.4m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2021, when income rose by 85%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Billings Clinic Foundation 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 95th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include Missionary Athletes International ($10.4m), Princeton Child Development Institute ($10.4m) and Sandy Valley Transportation Services Inc ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $124.6m against liabilities of $1.4m, net assets of $123.2m.