The Stratus Foundation Inc

Analysis

The Stratus Foundation Inc is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, The Stratus Foundation Inc reported income of $129k and spending of $60k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $129k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Stratus Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Volunteer Optometric Services to Humanity-Intl-Vosh Intl Inc ($129k), Roman Open Charities Inc ($129k) and Little League Baseball Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.