Dakota Medical Foundation

Analysis

Dakota Medical Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in September 2002, 24 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 September 2023, Dakota Medical Foundation reported income of $5.3m and spending of $4.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.1m to $5.3m (-26%), an average of -7.2% a year. The sharpest change came in the year to September 2022, when income rose by 167%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dakota Medical Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ND. Charities of a similar size with the same main cause include NFL Player Care Foundation ($5.2m), Nashua Regional Cancer Center Inc ($5.3m) and CDS Family and Behavioral Health Services Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $512k (10% of expenses). Other salaries and wages came to $497k. At year end it held assets of $52.3m against liabilities of $9.0m, net assets of $43.4m. It reported 9 employees.