The Stewart Foundation

Analysis

The Stewart Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, The Stewart Foundation reported income of $171k and spending of $175k, spending 102% of its income. Across the 4 years on record, from December 2018 to December 2021, income fell from $172k to $171k (-0.5%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Stewart Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Ebenezer Baptist Church Irrv TR ($171k), United Way of Leavenworth County in C ($171k) and Okaja Foundation ($171k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 62% of the total. Other salaries and wages came to $42k. At year end it held assets of $94k against liabilities of $0, net assets of $94k.