Joseph and Lorraine Stotland Charitable TR

Analysis

Joseph and Lorraine Stotland Charitable TR is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joseph and Lorraine Stotland Charitable TR reported income of $393k and spending of $275k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $393k (+151%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joseph and Lorraine Stotland Charitable TR sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Wades Army ($393k), The Limb Preservation Foundation ($393k) and Elliot Hospital Associates ($393k).

At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.