Roberts Community Foundation Inc

Analysis

Roberts Community Foundation Inc is a registered charity in United States, based in Roberts, MT. It received its IRS tax-exemption ruling in October 1998, 28 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 December 2023, Roberts Community Foundation Inc reported income of $69k and spending of $69k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $69k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roberts Community Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MT. Charities of a similar size with the same main cause include Binford Redvelopment & Growth Inc ($69k), Lake County Community Radio ($69k) and Wake Forest Innovation Quarter Management Co ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $430k against liabilities of $0, net assets of $430k.