East Dakota Educational Foundation

Analysis

East Dakota Educational Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Dakota Educational Foundation reported income of $230k and spending of $137k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $230k (+302%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Dakota Educational Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within SD. Charities of a similar size with the same main cause include Leadership Blount County Inc ($230k), Afar a Future After Rehab ($230k) and New York Foundation for Elder Care ($230k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $611k.