John L Starks Foundation Inc

Analysis

John L Starks Foundation Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, John L Starks Foundation Inc reported income of $220k and spending of $205k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $220k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, John L Starks Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include American International Polo Foundation Inc ($220k), Pop Warner Little Scholars Inc ($220k) and Fourth of July Town Celebration Committee Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $242k against liabilities of $560, net assets of $241k.