Ihanktonwan Community College

Analysis

Ihanktonwan Community College is a registered charity in United States, based in Marty, SD. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ihanktonwan Community College reported income of $828k and spending of $609k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $638k to $828k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ihanktonwan Community College sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Lancaster County Career & Technology Foundation ($828k), Learning Matters ($828k) and Montessori School of Long Grove Illinois ($828k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $307k. At year end it held assets of $2.4m against liabilities of $262k, net assets of $2.1m. It reported 11 employees.