Childrens Home Society of South Dakota

Analysis

Childrens Home Society of South Dakota is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in September 1944, 82 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Childrens Home Society of South Dakota reported income of $29.3m and spending of $26.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.5m to $29.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of South Dakota sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SD. Charities of a similar size with the same main cause include Young Mens Christian Association of the Capital District ($29.3m), Jewish Community Center of San Francisco ($29.3m) and On Your Mark Inc ($29.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $913k (3.4% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $45.5m against liabilities of $4.3m, net assets of $41.2m. It reported 454 employees.