Strands of Strength Inc

Analysis

Strands of Strength Inc is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Strands of Strength Inc reported income of $779k and spending of $506k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $779k (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strands of Strength Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Gildas Club Twin Cities Inc ($779k), Group Efforts Inc ($780k) and Kentucky Voices for Health Inc ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.