Ste Inc

Analysis

Ste Inc is a registered charity in United States, based in Buda, TX. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ste Inc reported income of $278k and spending of $64k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $278k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 34% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ste Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Little Falls Sports Arena Inc ($278k), Fairfield Boosters ($278k) and Friends of Community Fitness ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $898k against liabilities of $0, net assets of $898k.