West Yellowstone Foundation

Analysis

West Yellowstone Foundation is a registered charity in United States, based in W Yellowstone, MT. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, West Yellowstone Foundation reported income of $356k and spending of $537k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $356k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Yellowstone Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MT. Charities of a similar size with the same main cause include The Louisiana Center Against Poverty Inc ($356k), Nacogdoches-Nacogdoches County Economic Development Corporation ($356k) and Association of Croatian American Professionals Foundation ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $71k (13% of expenses). Other salaries and wages came to $50k. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m. It reported 8 employees.