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World Language Initiative Mt

RegisteredEIN 82-2212916Bozeman, MTEducation and training
Income$338k2024-07
Spending$391ksame year
Spent / received106%3-year average
Size in its cause63rd pctEducation and training
Exempt since2017Publicly supported organisat
Employees33latest return

Analysis

World Language Initiative Mt is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, World Language Initiative Mt reported income of $338k and spending of $391k, spending 116% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $309k to $338k (+9.5%), an average of +4.6% a year. The sharpest change came in the year to July 2024, when income rose by 40%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, World Language Initiative Mt sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MT. Charities of a similar size with the same main cause include Help 2 Others Foundation ($338k), Southland Bible Institute ($338k) and Kiddie Kare Ministry and Preschool Co ($338k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). Other salaries and wages came to $214k. At year end it held assets of $69k against liabilities of $69k, net assets of $132. It reported 33 employees.

Income and spending

$0$98k$196k$294k$391k2022 Income: $308,8402022 Spending: $245,06220222023 Income: $241,2252023 Spending: $304,57820232024 Income: $338,1492024 Spending: $391,4002024
IncomeSpending

Where the income comes from

  • Contributions & grants 74%
  • Program services 26%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Help 2 Others FoundationBirmingham$338k
Southland Bible InstituteAshland$338k
Kiddie Kare Ministry and Preschool CoEvansville$338k
Youth Justice AllianceAustin$338k