Strides to Success Inc

Analysis

Strides to Success Inc is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, Strides to Success Inc reported income of $268k and spending of $247k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $268k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Strides to Success Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Miracle Mile Community Practice ($268k), Noroc ($268k) and Greater Cincinnati Coalition for the Homeless ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $32k (13% of expenses). Other salaries and wages came to $89k. At year end it held assets of $242k against liabilities of -$4,612, net assets of $246k. It reported 19 employees.