Dsu Heritage Foundation

Analysis

Dsu Heritage Foundation is a registered charity in United States, based in Dickinson, ND. It received its IRS tax-exemption ruling in April 2016, 10 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, Dsu Heritage Foundation reported income of $6.1m and spending of $6.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $6.1m (+170%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 593%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dsu Heritage Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Oklahoma State University Research Foundation Inc ($6.1m), Buddhist Tzu Chi Education Foundation ($6.1m) and Sandia Foundation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 4.3% of the total. Other salaries and wages came to $393k. At year end it held assets of $26.8m against liabilities of $82k, net assets of $26.8m.