First Stop Inc

Analysis

First Stop Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 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, First Stop Inc reported income of $4.3m and spending of $955k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $4.3m (+896%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Stop Inc 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 94th percentile within AL. Charities of a similar size with the same main cause include Montgomery County Agricultural Center Inc ($4.3m), 5 Loaves Food Pantry ($4.3m) and Family Support Services ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $509k. At year end it held assets of $5.4m against liabilities of $495k, net assets of $4.9m. It reported 15 employees.