Stiftungsfest

Analysis

Stiftungsfest is a registered charity in United States, based in Nya, MN. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stiftungsfest reported income of $119k and spending of $84k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $119k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 1034%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stiftungsfest sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Wrangell Golf Club Inc ($119k), Team Elevation a NJ Nonprofit Corporation ($119k) and Playsmart Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.