Positive Strides Inc

Analysis

Positive Strides Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Positive Strides Inc reported income of $146k and spending of $194k, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $134k to $146k (+8.9%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Positive Strides Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Hope for Mexico Missions Association ($146k), California Northern Coastal Area of Alcoholics Anonymous ($146k) and Honor Flight Central Florida Inc ($146k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $48k (25% of expenses). At year end it held assets of $679k against liabilities of $1,154, net assets of $678k. It reported 1 employees.

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.