Montana Agricultural Business Foundation

Analysis

Montana Agricultural Business Foundation is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Montana Agricultural Business Foundation reported income of $109k and spending of $86k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $109k (+224%), an average of +224% a year. The sharpest change came in the year to December 2023, when income rose by 224%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montana Agricultural Business Foundation sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MT. Charities of a similar size with the same main cause include Newcomers Access Center ($109k), A B L E Community Development Foundation ($109k) and Al Sanabil Foundation ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.