Cut Bank District No 15 Education Foundation & Alumni Asso Inc

Analysis

Cut Bank District No 15 Education Foundation & Alumni Asso Inc is a registered charity in United States, based in Cut Bank, MT. It received its IRS tax-exemption ruling in February 1996, 30 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, Cut Bank District No 15 Education Foundation & Alumni Asso Inc reported income of $178k and spending of $192k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $178k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 873%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cut Bank District No 15 Education Foundation & Alumni Asso Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MT. Charities of a similar size with the same main cause include Asociacion Hispano Americana de Mujeres ($178k), Parent Booster USA Inc ($178k) and National Association of Corporate Directors ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $38k (20% of expenses). Other salaries and wages came to $24k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.