South Dakota Agricultural Foundation

Analysis

South Dakota Agricultural Foundation is a registered charity in United States, based in Fort Pierre, SD. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, South Dakota Agricultural Foundation reported income of $260k and spending of $134k, leaving 49% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $274k to $260k (-5.2%), an average of -2.7% a year. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Dakota Agricultural Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within SD. Charities of a similar size with the same main cause include Dennysville Housing ($260k), Khaos Inc ($260k) and St Vincent de Paul Society-New Bedford District ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $103k (77% of expenses). At year end it held assets of $133k against liabilities of $0, net assets of $133k.