Faulkton Area Out of School Program

Analysis

Faulkton Area Out of School Program is a registered charity in United States, based in Faulkton, SD. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Faulkton Area Out of School Program reported income of $431k and spending of $196k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $431k (+242%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faulkton Area Out of School Program sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within SD. Charities of a similar size with the same main cause include Nutrition Source ($431k), Family Matters Parent Training Andinformation Center ($431k) and Daisy Fund ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $71k. At year end it held assets of $567k against liabilities of $285k, net assets of $282k. It reported 21 employees.