Run for the Stripes Inc

Analysis

Run for the Stripes Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in September 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Run for the Stripes Inc reported income of $101k and spending of $102k, spending 101% of its income. Across the 2 years on record, from February 2023 to February 2024, income grew from $62k to $101k (+62%), an average of +62% a year. The sharpest change came in the year to February 2024, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Run for the Stripes Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Brain Health Center of the Rockies Inc ($101k), Ihope Christian Care and Counseling ($102k) and Pittsburgh Emergency Medicine Foundation ($101k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 71% and program service revenue 27% of the total. At year end it held assets of $5,385 against liabilities of $0, net assets of $5,385.