Foundation for the Diocese of Helena Inc

Analysis

Foundation for the Diocese of Helena Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation for the Diocese of Helena Inc reported income of $4.2m and spending of $2.5m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.2m (+106%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 325%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation for the Diocese of Helena Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MT. Charities of a similar size with the same main cause include Ocean Institute ($4.2m), Persecution Project Foundation ($4.2m) and Olive Branch Mission ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $109k (4.4% of expenses). Other salaries and wages came to $73k. It paid $363k in professional fundraising fees. At year end it held assets of $43.1m against liabilities of $4.3m, net assets of $38.8m. It reported 4 employees.