Mobridge Regional Health Care Foundation

Analysis

Mobridge Regional Health Care Foundation is a registered charity in United States, based in Mobridge, SD. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Mobridge Regional Health Care Foundation reported income of $368k and spending of $73k, leaving 80% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $88k to $368k (+320%), an average of +43% a year. The sharpest change came in the year to September 2023, when income rose by 540%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mobridge Regional Health Care Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within SD. Charities of a similar size with the same main cause include Whitley Crossings Neighborhood Corporation ($368k), Rotary Manor Inc ($368k) and Community Housing Expansion of Austin ($368k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.