Carroll College
1601 N Benton Ave, Helena, MT · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $73,077,952 | $70,479,479 | $143,915,010 |
| FY2024 | $75,695,875 | $70,614,677 | $136,324,034 |
| FY2023 | $66,514,020 | $64,931,468 | $123,506,617 |
| FY2022 | $65,024,048 | $62,060,628 | $118,052,573 |
| FY2021 | $63,598,809 | $58,054,766 | $122,541,298 |
| FY2020 | $64,086,619 | $59,040,779 | $103,367,154 |
| FY2019 | $61,222,792 | $59,993,385 | $101,849,180 |
| FY2018 | $64,353,083 | $60,188,842 | $100,277,015 |
| FY2017 | $71,154,503 | $59,837,235 | $94,456,546 |
| FY2016 | $61,521,151 | $58,455,263 | $78,292,701 |
| FY2015 | $68,860,560 | $55,982,541 | $79,418,524 |
| FY2014 | $57,547,176 | $51,849,601 | $68,886,657 |
| FY2013 | $55,235,397 | $50,136,523 | $57,709,458 |
| FY2012 | $53,102,129 | $46,275,540 | $48,516,203 |
Form 990 filings
The returns filed by Carroll College (EIN 81-0231774), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $9,647,431 | 13% |
| Program service revenue | $58,822,052 | 80% |
| Other revenue | $4,608,469 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $57,961,544 | 82% |
| Management & general | $10,535,074 | 15% |
| Fundraising | $1,982,861 | 3% |
What the numbers show
- Program service revenue made up 80% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 15%, and fundraising 3%.
- 82% of functional expenses went to program services in FY2025. That is higher than 41.2% of 4430 Education organizations nationwide (too few in MT for a state comparison).
- Net assets covered about 24.5 months of expenses at the end of the reporting year. That puts it in the 50th percentile among 248 Education organizations in MT.
- Total revenue was the highest among 252 Education organizations in MT.
- Total revenue rose from $53,102,129 in FY2012 to $73,077,952 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $75,695,875 in FY2024.
- Net assets grew from $48,516,203 to $143,915,010 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
CARROLL COLLEGE IS A CATHOLIC, DIOCESAN, LIBERAL ARTS COLLEGE IN THE ECUMENICAL TRADITION OF THE SECOND VATICAN COUNCIL.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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