University of South Dakota Research Park Inc

Analysis

University of South Dakota Research Park Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University of South Dakota Research Park Inc reported income of $3.8m and spending of $234k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 552%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of South Dakota Research Park Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within SD. Charities of a similar size with the same main cause include The City University of New York School of Law Foundation Inc ($3.8m), Parent Possible ($3.8m) and Galilean Home Ministries Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $13.0m against liabilities of $1.9m, net assets of $11.1m.