Frontier Communities Inc

Analysis

Frontier Communities Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in June 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frontier Communities Inc reported income of $631k and spending of $503k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $631k (+28%), an average of +6.4% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Frontier Communities Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MT. Charities of a similar size with the same main cause include Family Promise of Waukesha County Inc ($631k), Longfellow Non-Profit Housing Inc ($631k) and Peninsula Housing Development Inc VIII ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $73k. At year end it held assets of $974k against liabilities of $1.3m, net assets of -$370k.