South Dakota Farmers Union Foundation

Analysis

South Dakota Farmers Union Foundation is a registered charity in United States, based in Huron, SD. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, South Dakota Farmers Union Foundation reported income of $71k and spending of $141k, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $71k (-80%), an average of -33% a year. The sharpest change came in the year to December 2021, when income rose by 344%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Dakota Farmers Union Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 22nd percentile within SD. Charities of a similar size with the same main cause include Grant County Schools Education Foundation ($71k), Southview PTO ($71k) and Grace Christian Academy Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $941k against liabilities of $44, net assets of $941k.