Black Hills Educational Institute Inc

Analysis

Black Hills Educational Institute Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Black Hills Educational Institute Inc reported income of $5.2m and spending of $5.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.2m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Hills Educational Institute Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within SD. Charities of a similar size with the same main cause include Imagine - South Broward Inc ($5.2m), Worker Education & Resource Center Inc ($5.2m) and The New Common School Foundation ($5.2m).

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 $16k against liabilities of $0, net assets of $16k.