Southeast Montana Area Revitalization Team Inc
Analysis
Southeast Montana Area Revitalization Team Inc is a registered charity in United States, based in Baker, MT. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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 2022, Southeast Montana Area Revitalization Team Inc reported income of $188k and spending of $138k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $164k to $188k (+14%), an average of +14% a year. Over the whole period it spent 68% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Montana Area Revitalization Team Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MT. Charities of a similar size with the same main cause include Vesper Management Corporation ($188k), New York Coalition for Transportation Safety Inc ($188k) and South Dakota Coalition Ending Domestic and Sexual Violence ($188k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $87k (63% of expenses). At year end it held assets of $381k against liabilities of $50k, net assets of $331k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 42%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vesper Management Corporation | Des Plaines | $188k |
| New York Coalition for Transportation Safety Inc | Bayside | $188k |
| South Dakota Coalition Ending Domestic and Sexual Violence | Rapid City | $188k |
| Wyckoff Volunteer Ambulance Corps Inc | Wyckoff | $188k |