The Straighter Way Founation

Analysis

The Straighter Way Founation is a registered charity in United States, based in Saratoga SPGS, UT. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2021, The Straighter Way Founation reported income of $100k and spending of $108k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $252k to $100k (-60%), an average of -37% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Straighter Way Founation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within UT. Charities of a similar size with the same main cause include Dimock Support Corporation ($100k), Florida Independent Spirits Association ($100k) and Community Solutions Foundation ($100k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.