Associated School Boards of South Dakota

Analysis

Associated School Boards of South Dakota is a registered charity in United States, based in Pierre, SD. It received its IRS tax-exemption ruling in July 1980, 46 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 2024, Associated School Boards of South Dakota reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.2m (+0.7%), an average of +0.2% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated School Boards of South Dakota sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within SD. Charities of a similar size with the same main cause include Sage Collegiate PCS ($2.2m), Loaves and Fishes of Contra Costa ($2.2m) and St Johns Episcopal School of Odessa ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $317k (15% of expenses). Other salaries and wages came to $503k. At year end it held assets of $6.3m against liabilities of $111k, net assets of $6.2m. It reported 12 employees.