Starfish Greathearts Foundation USA

Analysis

Starfish Greathearts Foundation USA is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Starfish Greathearts Foundation USA reported income of $392k and spending of $335k, spending 85% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $189k to $392k (+107%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Starfish Greathearts Foundation USA sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Chapin Memorial Home for Aged Blind ($392k), Career Gear Inc ($392k) and Bright Leadership Institute ($392k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 134% of the total. Compensation of current officers, directors and key employees was $103k (31% of expenses). At year end it held assets of $544k against liabilities of $0, net assets of $544k.