Oceti Sakowin Community Academy

Analysis

Oceti Sakowin Community Academy is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oceti Sakowin Community Academy reported income of $1.2m and spending of $519k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $90k to $1.2m (+1221%), an average of +1221% a year. The sharpest change came in the year to June 2023, when income rose by 1221%. 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, Oceti Sakowin Community Academy 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 81st percentile, and in the 81st percentile within SD. Charities of a similar size with the same main cause include The Tibetan Community of New York and New Jersey Inc ($1.2m), Partnership for Children of the Foothills Inc ($1.2m) and Onward Christian Academy ($1.2m).

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 $87k (17% of expenses). Other salaries and wages came to $123k. It paid $69k in professional fundraising fees. At year end it held assets of $759k against liabilities of $0, net assets of $759k. It reported 3 employees.