Montana Farm Bureau Foundation

Analysis

Montana Farm Bureau Foundation is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Montana Farm Bureau Foundation reported income of $175k and spending of $105k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $170k to $175k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to September 2020, when income dropped by 20%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montana Farm Bureau Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MT. Charities of a similar size with the same main cause include Friends of the Community Service Department Inc ($175k), Imperial Beach Neighborhood Center ($175k) and Islam Worldwide Inc ($175k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.3m against liabilities of $16k, net assets of $1.2m.