Stanita Foundation

Analysis

Stanita Foundation is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in November 1954, 72 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stanita Foundation reported income of $6.7m and spending of $6.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $6.7m (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stanita Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Asian Hope ($6.7m), Town of Palm Beach United Way Inc ($6.7m) and Yeshiva of Phoenix ($6.7m).

At year end it held assets of $38.0m against liabilities of $0, net assets of $38.0m.