Star Foundation

Analysis

Star Foundation is a registered charity in United States, based in Orinda, CA. It received its IRS tax-exemption ruling in March 1984, 42 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 December 2023, Star Foundation reported income of $337k and spending of $280k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $263k to $337k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Star Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Konza United Way Inc ($337k), Pewaukee Lake Sailing School Inc ($337k) and San Luis Obispo Mothers for Peace ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 78% of the total. Other salaries and wages came to $20k. At year end it held assets of $391k against liabilities of $2,256, net assets of $389k.