One Valley Community Foundation

Analysis

One Valley Community Foundation is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, One Valley Community Foundation reported income of $3.0m and spending of $3.4m, spending 114% of what it took in. Across the 6 years on record, from March 2019 to December 2023, income grew from $628k to $3.0m (+381%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 5647%. Over the whole period it spent 22% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, One Valley Community Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MT. Charities of a similar size with the same main cause include Halliburton Charitable Foundation ($3.0m), Giving Compass Network ($3.0m) and Broadway Rose Theatre Co ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $121k (3.5% of expenses). Other salaries and wages came to $380k. At year end it held assets of $27.2m against liabilities of $1.8m, net assets of $25.4m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.