Souris Valley Special Services

Analysis

Souris Valley Special Services is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Souris Valley Special Services reported income of $2.8m and spending of $2.7m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.1m to $2.8m (-11%), an average of -2.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Souris Valley Special Services sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ND. Charities of a similar size with the same main cause include Scago Educational Facilitiescorporation for Cherokee County ($2.8m), GHS Academy ($2.8m) and Institute for the Study of Knowledge Management in Education ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $209k (7.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $4.5m, net assets of -$1.9m. It reported 32 employees.