Stranahan House Inc

Analysis

Stranahan House Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in March 1982, 44 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Stranahan House Inc reported income of $363k and spending of $439k, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $322k to $363k (+13%), an average of +3.0% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stranahan House Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Web Chaver Inc ($363k), Esquina Tango Cultural Society of Austin ($363k) and Historic Downtown Liberty Inc ($363k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $116k. At year end it held assets of $2.8m against liabilities of $343k, net assets of $2.4m. It reported 9 employees.