Stiegel Glassworks 1976

Analysis

Stiegel Glassworks 1976 is a registered charity in United States, based in Manheim, PA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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 2023, Stiegel Glassworks 1976 reported income of $97k and spending of $101k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $97k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stiegel Glassworks 1976 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Founding Fathers Papers Inc ($97k), Madison Senior Citizens Inc ($97k) and People for Animals Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $27k against liabilities of $7,407, net assets of $20k.