The Stronghold Fund
Analysis
The Stronghold Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, The Stronghold Fund reported income of $6.9m and spending of $2.0m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $830k to $6.9m (+726%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 468%. Over the whole period it spent 36% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, The Stronghold Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Fresno Humane Animal Services ($6.8m), Northshore Humane Society ($6.9m) and American Quarter Horse Foundation ($6.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $130k (6.4% of expenses). Other salaries and wages came to $4,144. At year end it held assets of $17.9m against liabilities of $54k, net assets of $17.8m.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 0.1%
- Other 3.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fresno Humane Animal Services | Fresno | $6.8m |
| Northshore Humane Society | Covington | $6.9m |
| American Quarter Horse Foundation | Amarillo | $6.8m |
| Wild Animal Initiative Inc | Minneapolis | $7.0m |