Stevens Center

Analysis

Stevens Center is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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, Stevens Center reported income of $4.3m and spending of $3.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.3m (+33%), an average of +7.4% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stevens Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Inspire Arts and Music Inc ($4.3m), Pahc Apartments Inc ($4.3m) and The Dennelisse Corp ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.6m (76% of expenses). At year end it held assets of $4.4m against liabilities of $143k, net assets of $4.3m. It reported 121 employees.