Starr Commonwealth

Analysis

Starr Commonwealth is a registered charity in United States, based in Albion, MI. It received its IRS tax-exemption ruling in January 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Starr Commonwealth reported income of $9.2m and spending of $10.2m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $23.3m to $9.2m (-61%), an average of -21% a year. The sharpest change came in the year to September 2023, when income dropped by 38%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Starr Commonwealth 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 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Davis Memorial Fund Inc ($9.2m), National Health Care for the Homeless Council Inc ($9.2m) and Kings Bridge Retirement Inc ($9.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $995k (9.8% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $81.3m against liabilities of $1.7m, net assets of $79.6m. It reported 87 employees.