Stranahan Supporting Organization

Analysis

Stranahan Supporting Organization is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stranahan Supporting Organization reported income of $555k and spending of $439k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $555k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 432%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stranahan Supporting Organization sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Green Valley Community Fund Inc ($555k), Foundation for Marshall Medicalcenters Inc ($555k) and True Homes Foundation Inc ($555k).

At year end it held assets of $15.2m against liabilities of $0, net assets of $15.2m.