Sanford Health Foundation North

Analysis

Sanford Health Foundation North is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sanford Health Foundation North reported income of $8.8m and spending of $6.1m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $8.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sanford Health Foundation North sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within SD. Charities of a similar size with the same main cause include Bienestar Human Services Inc ($8.8m), Alzheimers Community Care Inc ($8.8m) and Valley Vna Health Systems Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $104.0m against liabilities of $206k, net assets of $103.8m.