Stars & Stripes Childrens Foundation

Analysis

Stars & Stripes Childrens Foundation is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in September 2014, 12 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, Stars & Stripes Childrens Foundation reported income of $5.5m and spending of $6.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.5m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 873%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stars & Stripes Childrens Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Indianapolis Urban League Inc ($5.5m), Childrens Choice Inc ($5.5m) and Ohio Newsboys Association Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% and program service revenue 0.5% of the total. At year end it held assets of $1.2m against liabilities of $226k, net assets of $968k. It reported 1 employees.