South Dakota Lions Eye and Tissue Bank Inc

Analysis

South Dakota Lions Eye and Tissue Bank Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in February 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, South Dakota Lions Eye and Tissue Bank Inc reported income of $7.0m and spending of $5.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.3m to $7.0m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Dakota Lions Eye and Tissue Bank Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within SD. Charities of a similar size with the same main cause include Hale Ola Kino by Arcadia ($7.0m), LMH Health Foundation ($7.0m) and Al-Anon Family Group Headquarters Inc ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $9.1m against liabilities of $362k, net assets of $8.7m. It reported 66 employees.