Stewarts Caring Place

Analysis

Stewarts Caring Place is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Stewarts Caring Place reported income of $1.5m and spending of $1.6m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.5m (-52%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stewarts Caring Place 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 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Coalition for Food and Health Equity Inc ($1.5m), Parkinson Association of the Rockies ($1.5m) and Family Promise of Yellowstone Valley ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $347k (21% of expenses). Other salaries and wages came to $364k. At year end it held assets of $4.8m against liabilities of $346k, net assets of $4.4m. It reported 24 employees.