Prairie Lakes Health Care Foundation

Analysis

Prairie Lakes Health Care Foundation is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Prairie Lakes Health Care Foundation reported income of $502k and spending of $514k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $502k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prairie Lakes Health Care Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within SD. Charities of a similar size with the same main cause include Childrens Heart Foundation ($502k), Dual Diagnosis Anonymous of Oregon ($502k) and Little Hercules Foundation ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $130k. At year end it held assets of $5.3m against liabilities of $62k, net assets of $5.2m.