Stablestrides

Analysis

Stablestrides is a registered charity in United States, based in Elbert, CO. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Stablestrides reported income of $828k and spending of $991k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $833k to $828k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 196%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Stablestrides sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include World Methodist Evangelism Inc ($828k), Stein Yeshiva of Lincoln Park ($828k) and The Potters Wheel Inc ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $50k (5.0% of expenses). Other salaries and wages came to $523k. At year end it held assets of $132k against liabilities of $274k, net assets of -$142k. It reported 37 employees.