Souris Basin Foundation

Analysis

Souris Basin Foundation is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in November 2006, 20 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, Souris Basin Foundation reported income of $64k and spending of $60k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $64k (+9.7%), an average of +9.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Souris Basin Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 16th percentile within ND. Charities of a similar size with the same main cause include Northwest Illinois Foot & Ankle Foundation ($64k), Portland Metro Beekeepers Association ($64k) and PTA Texas Congress ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $48k against liabilities of $6,678, net assets of $41k.