Stacy Mark Reed Foundation Inc

Analysis

Stacy Mark Reed Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stacy Mark Reed Foundation Inc reported income of $3.8m and spending of $8.7m, spending 227% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.4m to $3.8m (-77%), an average of -30% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stacy Mark Reed Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include American Sports Medicine Institute Inc ($3.8m), Eluna ($3.8m) and Familywise Services ($3.8m).

At year end it held assets of $253.8m against liabilities of $229k, net assets of $253.5m.