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Stratton Industrial Commission Inc

RegisteredEIN 47-0643549Stratton, NEPoverty relief
Income$790k2024-06
Spending$608ksame year
Spent / received92%6-year average
Size in its cause72nd pctPoverty relief
Exempt since1982Publicly supported organisat
Employees15latest return

Analysis

Stratton Industrial Commission Inc is a registered charity in United States, based in Stratton, NE. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Stratton Industrial Commission Inc reported income of $790k and spending of $608k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $244k to $790k (+224%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stratton Industrial Commission Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Grandmas House Childrens Advocacy Center ($790k), Real Life Childrens Ranch Inc ($790k) and Conflict Resolution Center St Louis City ($790k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 30% of the total. Other salaries and wages came to $292k. At year end it held assets of $751k against liabilities of $33k, net assets of $717k. It reported 15 employees.

Income and spending

$0$197k$395k$592k$790k2019 Income: $243,8532019 Spending: $274,37320192020 Income: $296,5912020 Spending: $303,17720202021 Income: $352,1352021 Spending: $313,59020212022 Income: $403,0542022 Spending: $406,70120222023 Income: $512,4022023 Spending: $484,79820232024 Income: $789,9172024 Spending: $607,9432024
IncomeSpending

Where the income comes from

  • Contributions & grants 60%
  • Program services 30%
  • Other 10%

Similar-sized charities, same cause

CharityLocationIncome
Grandmas House Childrens Advocacy CenterHarrison$790k
Real Life Childrens Ranch IncOkeechobee$790k
Conflict Resolution Center St Louis CitySaint Louis$790k
Casa of Central OregonBend$790k