Stater Bros Charities

Analysis

Stater Bros Charities is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in February 2008, 18 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 2023, Stater Bros Charities reported income of $4.3m and spending of $5.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stater Bros Charities 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 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Beaufort County Developmental Center Inc ($4.3m), Bernal Heights Neighborhood Center ($4.3m) and Community Harvest Project Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 141% of the total. At year end it held assets of $5.4m against liabilities of $47k, net assets of $5.3m.