Stratford Area Foundation Inc

Analysis

Stratford Area Foundation Inc is a registered charity in United States, based in Stratford, TX. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Stratford Area Foundation Inc reported income of $73k and spending of $75k, spending 103% of its income. Across the 6 years on record, from March 2019 to December 2023, income grew from $22k to $73k (+229%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stratford Area Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Vermont Crafts Council ($73k), Total Alignment Charitable Inc ($73k) and St Louis Area Police Chiefs Association ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.