Sioux Empire Housing Partnership Inc

Analysis

Sioux Empire Housing Partnership Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in December 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, Sioux Empire Housing Partnership Inc reported income of $233k and spending of $211k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $307k to $233k (-24%), an average of -6.7% a year. The sharpest change came in the year to September 2022, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sioux Empire Housing Partnership Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within SD. Charities of a similar size with the same main cause include Westfall Heights Housing Development Fund Corporation ($233k), Habitat for Humanity International Inc ($233k) and Cheyenne Trails II Corporation ($232k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $76k (36% of expenses). Other salaries and wages came to $59k. At year end it held assets of $387k against liabilities of $122k, net assets of $266k. It reported 4 employees.