Friends of the Children - He Sapa

Analysis

Friends of the Children - He Sapa is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 August 2023, Friends of the Children - He Sapa reported income of $1.3m and spending of $810k, leaving 37% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $995k to $1.3m (+29%), an average of +29% a year. The sharpest change came in the year to August 2023, when income rose by 29%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of the Children - He Sapa sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within SD. Charities of a similar size with the same main cause include Commongood Medical ($1.3m), Oxalosis and Hyperoxaluria Foundation ($1.3m) and Tracy Hospital Foundation ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (9.8% of expenses). Other salaries and wages came to $300k. At year end it held assets of $1.5m against liabilities of $42k, net assets of $1.5m.