Milbank High School Educational Foundation

Analysis

Milbank High School Educational Foundation is a registered charity in United States, based in Milbank, SD. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2023, Milbank High School Educational Foundation reported income of $989k and spending of $202k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $989k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income dropped by 114%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milbank High School Educational Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within SD. Charities of a similar size with the same main cause include Heritage Society ($989k), Habitat for Humanity International Inc ($989k) and Parents and Teachers Association of Public School 8 ($989k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.