Mattie J T Stepanek Foundation Inc

Analysis

Mattie J T Stepanek Foundation Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mattie J T Stepanek Foundation Inc reported income of $98k and spending of $67k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $287k to $98k (-66%), an average of -41% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mattie J T Stepanek Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Womens Auxiliary of the Harrison Memorial Hospital ($98k), Hive of Hope Inc ($98k) and American Foundation for Preventive Medicine ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $26k (39% of expenses). At year end it held assets of $274k against liabilities of $1,223, net assets of $273k. It reported 1 employees.