Eastern Star Home of South Dakota Incorporated

Analysis

Eastern Star Home of South Dakota Incorporated is a registered charity in United States, based in Redfield, SD. It received its IRS tax-exemption ruling in April 1943, 83 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern Star Home of South Dakota Incorporated reported income of $3.6m and spending of $3.5m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $3.6m (+4.1%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Star Home of South Dakota Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within SD. Charities of a similar size with the same main cause include The Foundation for Te College of the Virgin Islands Inc ($3.6m), Headwaters Foundation for Justice ($3.6m) and Compass Community Connections ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $80k (2.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.6m against liabilities of $637k, net assets of $3.0m. It reported 99 employees.