Laura Ingalls Wilder Memorial Society Incorporated

Analysis

Laura Ingalls Wilder Memorial Society Incorporated is a registered charity in United States, based in De Smet, SD. It received its IRS tax-exemption ruling in June 1975, 51 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 December 2023, Laura Ingalls Wilder Memorial Society Incorporated reported income of $239k and spending of $297k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $239k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laura Ingalls Wilder Memorial Society Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within SD. Charities of a similar size with the same main cause include Farmland Child Development Center Child Development Center ($239k), Christian Harness Horsemens Association ($239k) and United Arts Council of Collier County Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 52% of the total. Other salaries and wages came to $138k. At year end it held assets of $751k against liabilities of $2,590, net assets of $748k. It reported 17 employees.