Missoula Developmental Service Corporation

Analysis

Missoula Developmental Service Corporation is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in December 1994, 32 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, Missoula Developmental Service Corporation reported income of $7.3m and spending of $7.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $7.3m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missoula Developmental Service Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include University-Student Union Board of Cal State University Los Angeles ($7.3m), Mount Carmel Home Keens Memorial ($7.3m) and Sand County Foundation Inc ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $678k (9.5% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $7.0m against liabilities of $488k, net assets of $6.5m. It reported 211 employees.