Montana Veterans Memorial Committee Inc

Analysis

Montana Veterans Memorial Committee Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Montana Veterans Memorial Committee Inc reported income of $82k and spending of $51k, leaving 37% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $73k to $82k (+13%), an average of +6.2% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montana Veterans Memorial Committee Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within MT. Charities of a similar size with the same main cause include Hai Foundation ($82k), Central Virginia Chinese School ($82k) and Palm Springs Community Concert Association ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.