Standing Room Only Inc

Analysis

Standing Room Only Inc is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Standing Room Only Inc reported income of $90k and spending of $56k, leaving 38% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $83k to $90k (+8.4%), an average of +8.4% a year. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Standing Room Only Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Exploring Joara Foundation Inc ($90k), Weekend Theater Inc ($90k) and Fort Armstrong Folk Festival Inc ($90k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 55% of the total. At year end it held assets of $303k against liabilities of $609, net assets of $302k.