Brookings Health System Foundation

Analysis

Brookings Health System Foundation is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Brookings Health System Foundation reported income of $250k and spending of $315k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $250k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brookings Health System Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within SD. Charities of a similar size with the same main cause include New Mexico Alive ($250k), Pulmonary Care Collaborative Limited ($250k) and Life Love and Compassion ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.3m against liabilities of $5,363, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.