Sioux Residential Services Inc

Analysis

Sioux Residential Services Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Sioux Residential Services Inc reported income of $213k and spending of $171k, spending 80% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $204k to $213k (+4.7%), an average of +1.5% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sioux Residential Services Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within SD. Charities of a similar size with the same main cause include The Shepherds Center of Fairfax- Burke ($213k), Mission for the Homeless Inc ($213k) and South Georgia Potters House for Women Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $31k. At year end it held assets of $305k against liabilities of $221k, net assets of $84k.