Montana Family Practice Residency

Analysis

Montana Family Practice Residency is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Montana Family Practice Residency reported income of $7.5m and spending of $7.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $7.5m (+41%), an average of +9.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montana Family Practice Residency sits at the 92nd percentile: it is larger than about 92% 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 Camarillo Academy of Progressive Education ($7.5m), University of Alabama Alumni Assoc Alumni Hall ($7.5m) and University of the West ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.6m (21% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m.