Family Service of Billings Foundation Inc

Analysis

Family Service of Billings Foundation Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Service of Billings Foundation Inc reported income of $194k and spending of $82k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $89k to $194k (+117%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 506%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service of Billings Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MT. Charities of a similar size with the same main cause include Medway Community Farm Inc ($194k), Clutter 2 Care ($194k) and Friendship Center of Atlanta Inc ($194k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.8m against liabilities of $34k, net assets of $1.7m.