Northeastern South Dakota Health Plan

Analysis

Northeastern South Dakota Health Plan is a registered charity in United States, based in Milbank, SD. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Northeastern South Dakota Health Plan reported income of $1.6m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeastern South Dakota Health Plan sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within SD. Charities of a similar size with the same main cause include Foundation for Homan Square ($1.6m), Cultureworks Greater Philadelphia Inc ($1.6m) and Redf Impact Investing Fund ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 86% of the total. At year end it held assets of $29.7m against liabilities of $13.3m, net assets of $16.4m.