South Dakota Bankers Association Foundation

Analysis

South Dakota Bankers Association Foundation is a registered charity in United States, based in Pierre, SD. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2024, South Dakota Bankers Association Foundation reported income of $94k and spending of $97k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $91k to $94k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Dakota Bankers Association Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within SD. Charities of a similar size with the same main cause include Trooper Kevin Conner Memorial Foundation Inc ($94k), Volunteers of America Inc ($94k) and Mary Jacobs Memorial Library Foundation ($94k).

At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.