South Dakota Association of Healthcare Organizations Healthcar

Analysis

South Dakota Association of Healthcare Organizations Healthcar is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Dakota Association of Healthcare Organizations Healthcar reported income of $843k and spending of $789k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $834k to $843k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Dakota Association of Healthcare Organizations Healthcar sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Electrical Joint Apprenticeship and Training Committee of Northern Ind ($842k), Womens Business Development Center Inc ($843k) and Eastern Iowa Community College District Downtown Campus Foundatio ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $389k. At year end it held assets of $908k against liabilities of $245k, net assets of $663k. It reported 3 employees.