Stanislaus Equity Partners Inc

Analysis

Stanislaus Equity Partners Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stanislaus Equity Partners Inc reported income of $3.5m and spending of $2.0m, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $5.3m to $3.5m (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stanislaus Equity Partners Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include East Harlem Council for Community Improvement Inc ($3.5m), Teenworks Inc ($3.5m) and Building Futures ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $655k. At year end it held assets of $8.8m against liabilities of $3.1m, net assets of $5.7m.