Oglala Lakota College
Analysis
Oglala Lakota College is a registered charity in United States, based in Kyle, SD. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Oglala Lakota College reported income of $43.3m and spending of $38.4m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.3m to $43.3m (+13%), an average of +3.1% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oglala Lakota College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SD. Charities of a similar size with the same main cause include Erskine College ($43.2m), Woodfords Family Service ($43.3m) and Ohio Connections Academy Inc ($43.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $537k (1.4% of expenses). Other salaries and wages came to $12.4m. It paid $931k in professional fundraising fees. At year end it held assets of $136.1m against liabilities of $32.9m, net assets of $103.3m. It reported 423 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 5.9%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Erskine College | Due West | $43.2m |
| Woodfords Family Service | Westbrook | $43.3m |
| Ohio Connections Academy Inc | Mason | $43.1m |
| Cleveland Institute of Art | Cleveland | $43.4m |