STG Foundation Inc

Analysis

STG Foundation Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, STG Foundation Inc reported income of $320k and spending of $197k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $302k to $320k (+6.0%), an average of +6.0% a year. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, STG Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Florida State Missionary Baptist Foundation Inc ($320k), Interfaith Alliance of Colorado ($321k) and Theravada Buddhist Society of America ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.