Tony Stewart Foundation Inc

Analysis

Tony Stewart Foundation Inc is a registered charity in United States, based in Brownsburg, IN. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tony Stewart Foundation Inc reported income of $620k and spending of $850k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $816k to $620k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tony Stewart Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Guru Nanak Sikh Heritage Inc ($620k), Hope Community Services Inc ($620k) and Fundacion 4 Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $101k. At year end it held assets of $2.7m against liabilities of $61k, net assets of $2.7m. It reported 1 employees.