Gearup2lead Winston Stoody

Analysis

Gearup2lead Winston Stoody is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gearup2lead Winston Stoody reported income of $480k and spending of $411k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $480k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gearup2lead Winston Stoody sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Montessori Teacher Education Center-San Francisco Bay Area ($480k), Corporation for New Jersey Local Media ($480k) and Park Hills Senior Center Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (22% of expenses). Other salaries and wages came to $190k. At year end it held assets of $281k against liabilities of $3,856, net assets of $278k. It reported 10 employees.