Mainstream Living Inc Stuart Ambrose

Analysis

Mainstream Living Inc Stuart Ambrose is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mainstream Living Inc Stuart Ambrose reported income of $24.1m and spending of $23.2m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $19.1m to $24.1m (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mainstream Living Inc Stuart Ambrose sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Balance Autism ($24.1m), Stone Belt Arc Inc ($24.2m) and Wedgwood Christian Services ($24.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $345k (1.5% of expenses). Other salaries and wages came to $16.4m. At year end it held assets of $15.3m against liabilities of $4.0m, net assets of $11.4m. It reported 565 employees.