Sandhills Area Foundation Inc

Analysis

Sandhills Area Foundation Inc is a registered charity in United States, based in Valentine, NE. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sandhills Area Foundation Inc reported income of $434k and spending of $181k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $434k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income dropped by 131%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sandhills Area Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Mountain Gateway Community College Educational Foundation ($434k), Win the Day Foundation Inc ($434k) and Chicago Dental Society Foundation ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $33k. At year end it held assets of $1.6m against liabilities of $1,705, net assets of $1.6m. It reported 2 employees.