South Dakota State University Alumni Association

Analysis

South Dakota State University Alumni Association is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, South Dakota State University Alumni Association reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $950k to $1.3m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Dakota State University Alumni Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within SD. Charities of a similar size with the same main cause include Agape Christian Academy ($1.3m), French Montessori Preschool of San ($1.3m) and Sioux Center Christian School Legacy Plan ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $164k (13% of expenses). Other salaries and wages came to $359k. At year end it held assets of $902k against liabilities of $494k, net assets of $408k. It reported 5 employees.