Stoveteam International

Analysis

Stoveteam International is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Stoveteam International reported income of $846k and spending of $961k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $846k (+243%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stoveteam International sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Cowan Community Action Group Inc ($846k), Coordinators 2 Inc ($846k) and Hispanic Community Services Inc ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $81k (8.4% of expenses). Other salaries and wages came to $210k. At year end it held assets of $679k against liabilities of $39k, net assets of $640k. It reported 5 employees.