Montana Equestrian Events Inc

Analysis

Montana Equestrian Events Inc is a registered charity in United States, based in Whitefish, MT. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Montana Equestrian Events Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.4m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Montana Equestrian Events Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within MT. Charities of a similar size with the same main cause include Icc Americas ($1.4m), United States Sailing Foundaton ($1.4m) and Piedmont Triad Football Club ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $307k. At year end it held assets of $183k against liabilities of $4,499, net assets of $178k. It reported 56 employees.