Kitsap County Stampede Top Hands

Analysis

Kitsap County Stampede Top Hands is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in December 2011, 15 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 (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, Kitsap County Stampede Top Hands reported income of $203k and spending of $207k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $203k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kitsap County Stampede Top Hands sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Trumbull Rotary Foundation ($203k), United Fund of North Talladega County Inc ($203k) and Chatfield Firefighters Activities Association Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $30k, net assets of $71k.