Glacier County Regional Port Authority

Analysis

Glacier County Regional Port Authority is a registered charity in United States, based in Cut Bank, MT. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Glacier County Regional Port Authority reported income of $62k and spending of $67k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $29k to $62k (+112%), an average of +112% a year. The sharpest change came in the year to June 2024, when income rose by 112%. Over the whole period it spent 135% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Glacier County Regional Port Authority sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within MT. Charities of a similar size with the same main cause include High-Tech Small Town ($62k), Colonial Beach Foundation ($62k) and Rhode Island Business Plan Competition ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $811, net assets of $103k.