Billings Leadership Foundation

Analysis

Billings Leadership Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Billings Leadership Foundation reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.1m to $1.4m (+26%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Billings Leadership Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within MT. Charities of a similar size with the same main cause include Zichron Tzvi Inc ($1.4m), Advancing Macomb Foundation Inc ($1.4m) and Ohr Meir Ubracha ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $213k (16% of expenses). Other salaries and wages came to $713k. At year end it held assets of $674k against liabilities of $104k, net assets of $571k. It reported 21 employees.