Great Plains Medical Research Foundation

Analysis

Great Plains Medical Research Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Plains Medical Research Foundation reported income of $92k and spending of $68k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $92k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Plains Medical Research Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 29th percentile within SD. Charities of a similar size with the same main cause include Khalsa Peace Corps ($92k), Useppa Island Historical Society Inc ($92k) and Merton J and Beverly Segal Support Foundation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $150, net assets of $324k.