Studer Community Institute Inc

Analysis

Studer Community Institute Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in May 2016, 10 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, Studer Community Institute Inc reported income of $885k and spending of $943k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $885k (-39%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Studer Community Institute 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 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Manaus ($884k), Contentment Place Communcities Corporation ($885k) and Called to Serve CDC Inc ($884k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $194k (21% of expenses). Other salaries and wages came to $372k. At year end it held assets of $317k against liabilities of $185k, net assets of $132k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.