Stallings Award Foundation

Analysis

Stallings Award Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Stallings Award Foundation reported income of $194k and spending of $102k, leaving 47% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $144k to $194k (+35%), an average of +7.8% a year. The sharpest change came in the year to July 2022, when income rose by 47%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stallings Award Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include 726 Members Family Fund Inc ($194k), Operation Wounded Warriors Inc ($194k) and Congenital Heart Defect Coalition ($194k).

At year end it held assets of $355k against liabilities of $110k, net assets of $245k.