Stewart Community Home Inc

Analysis

Stewart Community Home Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in October 1977, 49 years ago. 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 June 2023, Stewart Community Home Inc reported income of $1.1m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.1m (-36%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stewart Community Home Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Mountain States Policy Center ($1.1m), Gi Go Fund Inc ($1.1m) and Haines City Community Development Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $71k (6.2% of expenses). Other salaries and wages came to $600k. At year end it held assets of $1.4m against liabilities of $33k, net assets of $1.3m. It reported 43 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.