Dakota Hospital Association and Foundation

Analysis

Dakota Hospital Association and Foundation is a registered charity in United States, based in Vermillion, SD. It received its IRS tax-exemption ruling in October 1937, 89 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Dakota Hospital Association and Foundation reported income of $340k and spending of $141k, leaving 58% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $373k to $340k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to April 2023, when income rose by 146%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dakota Hospital Association and Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within SD. Charities of a similar size with the same main cause include Ethnic Support Council ($340k), Impact Evansville Inc ($340k) and N B C-U S a Housing Inc Eleven ($340k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 22% of the total. At year end it held assets of $7.6m against liabilities of $371, net assets of $7.6m.