Sterling Solutions

Analysis

Sterling Solutions is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in January 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sterling Solutions reported income of $559k and spending of $530k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $107k to $559k (+423%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sterling Solutions sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Sholl-Freede Family Foundation ($559k), A Better Jamaica Inc ($560k) and Joyce Finley Foundation ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $130k. At year end it held assets of $30k against liabilities of $0, net assets of $30k.