Stewartville Area Community Foundation Inc

Analysis

Stewartville Area Community Foundation Inc is a registered charity in United States, based in Stewartville, MN. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Stewartville Area Community Foundation Inc reported income of $59k and spending of $53k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $59k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stewartville Area Community Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Shadow Hills High School Band Boosters ($59k), Imperial Court of New York ($59k) and Gesharim Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.