Stein Gerontological Institute Inc

Analysis

Stein Gerontological Institute Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stein Gerontological Institute Inc reported income of $1.2m and spending of $963k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.2m (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stein Gerontological Institute Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Ohio Excels ($1.2m), North Star Initiative ($1.2m) and Help for Health ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $990k against liabilities of $1.7m, net assets of -$707k.