M Durwood Stephenson Foundation

Analysis

M Durwood Stephenson Foundation is a registered charity in United States, based in Smithfield, NC. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, M Durwood Stephenson Foundation reported income of $110k and spending of $75k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $110k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, M Durwood Stephenson Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include Waukee Youth Football League Inc ($110k), Montgomery Basketball Association Inc ($110k) and Gulf Coast Agriculture and Natural Resources Youth Organization Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.