South Dakota Education Equity Coalition

Analysis

South Dakota Education Equity Coalition is a registered charity in United States, based in Black Hawk, SD. It received its IRS tax-exemption ruling in January 2023, 3 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, South Dakota Education Equity Coalition reported income of $3.5m and spending of $749k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $425k to $3.5m (+717%), an average of +717% a year. The sharpest change came in the year to December 2023, when income rose by 717%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Dakota Education Equity Coalition sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within SD. Charities of a similar size with the same main cause include Childrens House ($3.5m), C S Lewis Academy ($3.5m) and El Rio Community School ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $159k (21% of expenses). Other salaries and wages came to $68k. At year end it held assets of $3.0m against liabilities of $147k, net assets of $2.9m. It reported 6 employees.