Friends of Levitt Shell Sioux Falls Inc

Analysis

Friends of Levitt Shell Sioux Falls Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 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 December 2023, Friends of Levitt Shell Sioux Falls Inc reported income of $1.1m and spending of $1.2m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Levitt Shell Sioux Falls Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within SD. Charities of a similar size with the same main cause include Kinderhaus Montessori Preschool of Marshall ($1.1m), Codman Academy Foundation ($1.1m) and University of Maine School of Law Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $110k (9.4% of expenses). Other salaries and wages came to $175k. At year end it held assets of $2.0m against liabilities of $153k, net assets of $1.9m. It reported 6 employees.