Canton-Inwood Area Health Foundation

Analysis

Canton-Inwood Area Health Foundation is a registered charity in United States, based in Canton, SD. It received its IRS tax-exemption ruling in August 1950, 76 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Canton-Inwood Area Health Foundation reported income of $82k and spending of $58k, leaving 29% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $82k to $82k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to April 2023, when income rose by 337%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Canton-Inwood Area Health Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within SD. Charities of a similar size with the same main cause include National Charity League Inc Tulsa Midtown Chapter ($82k), Thoth Charities Inc a Louisiana Nonprofit Corporation ($82k) and Magnolia Pearl Peace Warrior Foundation ($82k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $4.4m against liabilities of $16k, net assets of $4.4m.