Star House Foundation

Analysis

Star House Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2023, Star House Foundation reported income of $3.3m and spending of $4.9m, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.3m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Star House Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Handson Bay Area ($3.3m), Southern California Tennis Association Foundation ($3.3m) and Business Council ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $161k (3.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.4m against liabilities of $719k, net assets of $2.7m. It reported 68 employees.