South Dakota Ffa Foundation Inc

Analysis

South Dakota Ffa Foundation Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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, South Dakota Ffa Foundation Inc reported income of $645k and spending of $571k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $435k to $645k (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Dakota Ffa Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within SD. Charities of a similar size with the same main cause include Earlville Opera House Inc ($645k), Pregnancy Resource Medical Center ($645k) and Texas Youth Camp ($645k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.