Strophy Foundation

Analysis

Strophy Foundation is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Strophy Foundation reported income of $98k and spending of $101k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $98k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strophy Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Nehi Research Foundation ($98k), Frontier County Ambulance Service ($98k) and Chasing Dreams Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 136% of the total. At year end it held assets of $192k against liabilities of $6,111, net assets of $186k.