Stars & Crescents Philanthropies Inc

Analysis

Stars & Crescents Philanthropies Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stars & Crescents Philanthropies Inc reported income of $182k and spending of $200k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $205k to $182k (-11%), an average of -2.9% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stars & Crescents Philanthropies Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Be Good Foundation Inc ($182k), Volunteer West Virginia Inc ($182k) and Lightning Jacks Foundation Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.