Xerostress Inc

Analysis

Xerostress Inc is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Xerostress Inc reported income of $66k and spending of $30k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $81k to $66k (-18%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Xerostress Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Thomaston and Upson County Ministerial Association Inc ($66k), Lui Foundation Inc ($66k) and Palmer Food Share Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.