Montana Cutting Horse Association

Analysis

Montana Cutting Horse Association is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Montana Cutting Horse Association reported income of $714k and spending of $679k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $714k (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Montana Cutting Horse Association 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 75th percentile, and in the 77th percentile within MT. Charities of a similar size with the same main cause include Iowa Humane Alliance ($713k), N M Animal Welfare Society Inc ($715k) and McMinn Regional Humane Society ($713k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $14k (2.1% of expenses). At year end it held assets of $201k against liabilities of $0, net assets of $201k.