Dakota Medical Charities

Analysis

Dakota Medical Charities is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Dakota Medical Charities reported income of $3.7m and spending of $3.9m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.2m to $3.7m (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2021, when income rose by 54%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dakota Medical Charities sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ND. Charities of a similar size with the same main cause include Eagle Mount - Bozeman ($3.7m), Portland Foundation Inc ($3.7m) and Traveling Press Fund Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $442k (11% of expenses). Other salaries and wages came to $846k. At year end it held assets of $79.6m against liabilities of $366k, net assets of $79.3m. It reported 18 employees.