Stride Inc

Analysis

Stride Inc is a registered charity in United States, based in West Sand Lake, NY. It received its IRS tax-exemption ruling in December 1990, 36 years ago. 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 May 2024, Stride Inc reported income of $726k and spending of $721k, spending 99% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $679k to $726k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to May 2022, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stride Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Good Shepherd Gracenter ($726k), Southgate Volunteer Fire Department Inc ($726k) and TPMG Corp ($725k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 76% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.5m against liabilities of $163k, net assets of $1.4m. It reported 4 employees.