Sterling Payee Services

Analysis

Sterling Payee Services is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sterling Payee Services reported income of $100k and spending of $105k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $100k (+1.0%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sterling Payee Services sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within NH. Charities of a similar size with the same main cause include Apple Tree Foundation for Woodland Youth ($100k), Youth Efforts Against Hunger - Yeah ($100k) and Global United Mission Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $343k against liabilities of $329k, net assets of $14k.