Student Assistance Foundation of Montana

Analysis

Student Assistance Foundation of Montana is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Student Assistance Foundation of Montana reported income of $4.9m and spending of $4.2m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.1m to $4.9m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Student Assistance Foundation of Montana 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 92nd percentile, and in the 93rd percentile within MT. Charities of a similar size with the same main cause include Sos Childrens Villages Florida Inc ($4.9m), Functional Industries Inc ($4.9m) and Lutheran Retirement Home Inc ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 82% of the total. Compensation of current officers, directors and key employees was $646k (15% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $31.0m against liabilities of $19.5m, net assets of $11.4m. It reported 30 employees.