Steward Station Ltd

Analysis

Steward Station Ltd is a registered charity in United States, based in Topsfield, MA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Steward Station Ltd reported income of $133k and spending of $153k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $110k to $133k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 2745520%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Steward Station Ltd sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Warning Lights ($133k), Hack & Hustle Social Entrepreneurship Academy Inc ($133k) and Amys Wish with Wings ($133k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (41% of expenses). Other salaries and wages came to $50k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 21 employees.