Wakonda Heritage Manor

Analysis

Wakonda Heritage Manor is a registered charity in United States, based in Wakonda, SD. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Wakonda Heritage Manor reported income of $3.1m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wakonda Heritage Manor sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within SD. Charities of a similar size with the same main cause include Training and Education Fund ($3.1m), Comfort Zone Camp Inc ($3.1m) and People Reaching Out to Other People Inc Prop ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.8m against liabilities of $728k, net assets of $3.1m. It reported 61 employees.