Starworks

Analysis

Starworks is a registered charity in United States, based in Star, NC. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Starworks reported income of $2.8m and spending of $2.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.8m (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Starworks sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include California Foundation on the Environment and the Economy ($2.8m), Orange County Coastkeeper ($2.8m) and People for Open Space Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $124k (4.9% of expenses). Other salaries and wages came to $907k. At year end it held assets of $7.2m against liabilities of $816k, net assets of $6.4m. It reported 35 employees.