University of Montana Alumni Association-Development Fund

Analysis

University of Montana Alumni Association-Development Fund is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in May 1968, 58 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Montana Alumni Association-Development Fund reported income of $313k and spending of $191k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $168k to $313k (+87%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 173%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Montana Alumni Association-Development Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within MT. Charities of a similar size with the same main cause include Navy League of the United States National Headquarters ($313k), Seminole Nation Historical Society ($313k) and Davie Rescue Squad Inc ($313k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 63% of the total. At year end it held assets of $1.8m against liabilities of $89k, net assets of $1.7m.