Heart of Montana Love Inc

Analysis

Heart of Montana Love Inc is a registered charity in United States, based in Lewistown, MT. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Heart of Montana Love Inc reported income of $150k and spending of $112k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $150k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heart of Montana Love Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MT. Charities of a similar size with the same main cause include Village Jewish Preschool ($150k), Trinity Trust Missions Inc ($150k) and Chabad Youth of Suffolk County Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $35k (32% of expenses). Other salaries and wages came to $22k. At year end it held assets of $228k against liabilities of $139k, net assets of $89k. It reported 4 employees.