Polestar Gardens Inc

Analysis

Polestar Gardens Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 2001, 25 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 December 2023, Polestar Gardens Inc reported income of $420k and spending of $39k, leaving 91% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $420k (-68%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 920%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polestar Gardens Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Talita Cumi ($420k), Responsible Party Services Inc ($420k) and Family Life Center Incorported ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $3.9m against liabilities of $2.5m, net assets of $1.4m. It reported 3 employees.