Stewart Standouts Foundation Incorporated

Analysis

Stewart Standouts Foundation Incorporated is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2021, Stewart Standouts Foundation Incorporated reported income of $75k and spending of $135k, spending 180% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $156k to $75k (-52%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 145% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Stewart Standouts Foundation Incorporated 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 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Perth Amboy Pal ($75k), Young Men Growing ($75k) and Ascend Wilderness Experience ($75k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $39k. It paid $22k in professional fundraising fees. At year end it held assets of $1,220 against liabilities of $0, net assets of $1,220. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.