Stewpot Community Services Inc

Analysis

Stewpot Community Services Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1982, 44 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, Stewpot Community Services Inc reported income of $4.2m and spending of $3.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 34%. 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, Stewpot Community Services Inc 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 MS. Charities of a similar size with the same main cause include Philanthropy Northwest ($4.2m), Young Mens and Young Womens Hebrew Association of Williamsburg Inc ($4.2m) and American Historical Association ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $81k (2.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.9m against liabilities of $228k, net assets of $5.7m. It reported 79 employees.