Strom Center Inc

Analysis

Strom Center Inc is a registered charity in United States, based in Monmouth, IL. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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, Strom Center Inc reported income of $349k and spending of $347k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $366k to $349k (-4.7%), an average of -1.2% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strom Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Pioneers Museum Foundation of Colo Rado Springs ($349k), Independence Meals on Wheels Inc ($349k) and Jefferson City Montessori Society Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Other salaries and wages came to $204k. At year end it held assets of $199k against liabilities of $2,241, net assets of $197k. It reported 13 employees.