Little Wound School Board Inc
Analysis
Little Wound School Board Inc is a registered charity in United States, based in Kyle, SD. It received its IRS tax-exemption ruling in August 1976, 50 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 June 2023, Little Wound School Board Inc reported income of $19.7m and spending of $27.1m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.7m to $19.7m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Little Wound School Board Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within SD. Charities of a similar size with the same main cause include VMC Indemnity Company Inc ($19.7m), Student Freedom Initiative Inc ($19.7m) and Cal State East Bay Educational Foundation ($19.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $641k (2.4% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $22.7m against liabilities of $2.0m, net assets of $20.8m. It reported 273 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.0%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| VMC Indemnity Company Inc | Burlington | $19.7m |
| Student Freedom Initiative Inc | Washington | $19.7m |
| Cal State East Bay Educational Foundation | Hayward | $19.7m |
| New World Preparatory Charter School | Staten Island | $19.7m |