Stronger Than Espresso Inc

Analysis

Stronger Than Espresso Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stronger Than Espresso Inc reported income of $90k and spending of $93k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $117k to $90k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stronger Than Espresso Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Franklin Downtown Partnership Inc ($90k), Georgia Education Foundation Inc ($90k) and Junior League of Portland Oregon Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $8,768 against liabilities of $60k, net assets of -$52k.