Helena Area Community Foundation

Analysis

Helena Area Community Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in July 2001, 25 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, Helena Area Community Foundation reported income of $271k and spending of $265k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $271k (+12%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Helena Area Community Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MT. Charities of a similar size with the same main cause include 3 to 1 Foundation ($271k), Encinitas Rotary Club Foundation ($272k) and Branch County United Way Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $64k (24% of expenses). Other salaries and wages came to $39k. At year end it held assets of $526k against liabilities of $9,692, net assets of $516k. It reported 3 employees.