Greater Sisseton Initiative Inc

Analysis

Greater Sisseton Initiative Inc is a registered charity in United States, based in Sisseton, SD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Sisseton Initiative Inc reported income of $57k and spending of $58k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $83k to $57k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Sisseton Initiative Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within SD. Charities of a similar size with the same main cause include Plainview Red Rage Booster Club Inc ($56k), East Central Indiana Developement Council Inc ($57k) and Harvard Lions Foundation Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 17% of the total. At year end it held assets of $43k against liabilities of $40k, net assets of $3,066.