Education Foundation for Billings Public Schools

Analysis

Education Foundation for Billings Public Schools is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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, Education Foundation for Billings Public Schools reported income of $1.1m and spending of $923k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $794k to $1.1m (+40%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Education Foundation for Billings Public Schools sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Friends of McMaster Incorporated ($1.1m), Richland Carrousel Park Inc ($1.1m) and East Hampton Historical Society Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $144k. At year end it held assets of $5.0m against liabilities of $6,573, net assets of $5.0m. It reported 5 employees.