Dakota Estates Incorporated Retirement Center

Analysis

Dakota Estates Incorporated Retirement Center is a registered charity in United States, based in Lidgerwood, ND. It received its IRS tax-exemption ruling in November 1974, 52 years ago. 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 March 2024, Dakota Estates Incorporated Retirement Center reported income of $762k and spending of $438k, leaving 43% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $460k to $762k (+65%), an average of +13% a year. The sharpest change came in the year to March 2024, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dakota Estates Incorporated Retirement Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within ND. Charities of a similar size with the same main cause include Community Homes of Bismarck Inc ($761k), College Station Iso Council of Parent Teacher Organization ($762k) and Coursey Station Apartments Inc ($761k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% and program service revenue 17% of the total. Other salaries and wages came to $102k. At year end it held assets of $563k against liabilities of $48k, net assets of $515k. It reported 33 employees.