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Standing Together Effectively for People

RegisteredEIN 16-1510072Ogdensburg, NYCommunity and economic development
Income$1.5m2023-12
Spending$1.5msame year
Spent / received46%5-year average
Size in its cause82nd pctCommunity and economic development
Exempt since1997Publicly supported organisat
Employees46latest return

Analysis

Standing Together Effectively for People is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Standing Together Effectively for People reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $1.5m (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 46% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Standing Together Effectively for People sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Jari Growth Fund Inc ($1.5m), Treeslouisville Inc ($1.5m) and Lions Eye Bank of Nebraska Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $121k (7.9% of expenses). Other salaries and wages came to $902k. At year end it held assets of $5.8m against liabilities of $239k, net assets of $5.6m. It reported 46 employees.

Income and spending

$0$1.0m$2.1m$3.1m$4.1m2019 Income: $659,2752019 Spending: $663,97620192020 Income: $918,9442020 Spending: $655,85220202021 Income: $2,606,3622021 Spending: $744,93320212022 Income: $4,131,3492022 Spending: $911,16920222023 Income: $1,501,8312023 Spending: $1,522,1832023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Program services 14%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Jari Growth Fund IncJohnstown$1.5m
Treeslouisville IncLouisville$1.5m
Lions Eye Bank of Nebraska IncOmaha$1.5m
Vuela for HealthDenver$1.5m