Stephen Best Memorial Fund

Analysis

Stephen Best Memorial Fund is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Stephen Best Memorial Fund reported income of $118k and spending of $71k, leaving 40% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $29k to $118k (+300%), an average of +59% a year. The sharpest change came in the year to September 2021, when income rose by 122%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Stephen Best Memorial Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Sudie Clark Hanger Missionary Care Ministry Inc ($118k), Joy in Jesus Ministries ($118k) and Dr Mark Redd Ministries ($118k).

Other salaries and wages came to $2,350. At year end it held assets of $779k against liabilities of $0, net assets of $779k.