St Stephen Outreach Community Development Corporation

Analysis

St Stephen Outreach Community Development Corporation is a registered charity in United States, based in Brooklyn, NY. 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 (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, St Stephen Outreach Community Development Corporation reported income of $63k and spending of $63k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Stephen Outreach Community Development Corporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Project Kind a NJ Nonprofit Corporation ($63k), Our Daily Bread Food Pantry ($63k) and Samaritas Foundation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,520 against liabilities of $0, net assets of $8,520.