Independent Electrical Contractors-Dakotas Inc Education

Analysis

Independent Electrical Contractors-Dakotas Inc Education is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in February 2012, 14 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 June 2023, Independent Electrical Contractors-Dakotas Inc Education reported income of $507k and spending of $446k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $372k to $507k (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independent Electrical Contractors-Dakotas Inc Education sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within SD. Charities of a similar size with the same main cause include Downingtown Community Education Foundation ($507k), Horizons of Kent and Queen Annes Inc ($507k) and Plattekill Library ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $160k. At year end it held assets of $227k against liabilities of $7,571, net assets of $219k. It reported 23 employees.