Rocky Mountain Elk Foundation Inc

Analysis

Rocky Mountain Elk Foundation Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in September 1984, 42 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 2022, Rocky Mountain Elk Foundation Inc reported income of $66.0m and spending of $54.9m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $59.0m to $66.0m (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Rocky Mountain Elk Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MT. Charities of a similar size with the same main cause include New England Aquarium Corporation ($65.4m), San Diego Humane Society and SPCA ($67.2m) and Governors Island Corporation ($65.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 81% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $2.0m (3.6% of expenses). Other salaries and wages came to $8.7m. It paid $9,350 in professional fundraising fees. At year end it held assets of $130.7m against liabilities of $8.5m, net assets of $122.3m. It reported 163 employees.