Energy Share of Montana Inc

Analysis

Energy Share of Montana Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Energy Share of Montana Inc reported income of $2.6m and spending of $2.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.6m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Energy Share of Montana Inc sits at the 85th percentile: it is larger than about 85% 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 National Development Foundation Inc ($2.6m), Welles Country Village Ltd ($2.6m) and 353-365 Housing Development Fund Company Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $135k (6.6% of expenses). Other salaries and wages came to $53k. At year end it held assets of $13.3m against liabilities of $131k, net assets of $13.1m. It reported 3 employees.