Stella Roman Foundation

Analysis

Stella Roman Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Stella Roman Foundation reported income of $148k and spending of $202k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $927k to $148k (-84%), an average of -37% a year. The sharpest change came in the year to June 2020, when income dropped by 84%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stella Roman Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Topeka Rotary Foundation ($148k), Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra ($148k) and Westside Christian Ctr of the Assemblies of God ($148k).

Compensation of current officers, directors and key employees was $12k (5.9% of expenses). At year end it held assets of $4.0m against liabilities of $13k, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.