Strike 3 Foundation

Analysis

Strike 3 Foundation is a registered charity in United States, based in Monroe, CT. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover medical research, 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, Strike 3 Foundation reported income of $53k and spending of $88k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $53k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strike 3 Foundation sits at the 17th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include McKenzie Meningitis Foundation ($53k), Eagleville Foundation ($53k) and Narkar Health Foundation ($53k).

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 $894k against liabilities of $0, net assets of $894k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.