South Dakota Biotechnology Council

Analysis

South Dakota Biotechnology Council is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, South Dakota Biotechnology Council reported income of $319k and spending of $129k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $319k (+227%), an average of +227% a year. The sharpest change came in the year to December 2023, when income rose by 227%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Dakota Biotechnology Council sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within SD. Charities of a similar size with the same main cause include Black Psychiatrists of America Inc ($319k), Omaha Summer Arts Festival Inc ($319k) and Wilson Ornithological Society ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $270k against liabilities of $8,060, net assets of $262k.