STS Foundation

Analysis

STS Foundation is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, STS Foundation reported income of $2.5m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.5m (+14%), an average of +3.4% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, STS Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Family Empowerment Media Inc ($2.5m), Impact Society Global ($2.5m) and I Care San Antonio Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $196k (8.0% of expenses). Other salaries and wages came to $452k. At year end it held assets of $959k against liabilities of $867k, net assets of $92k. It reported 17 employees.