Strategies for a Stronger Sanford

Analysis

Strategies for a Stronger Sanford is a registered charity in United States, based in Sanford, ME. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Strategies for a Stronger Sanford reported income of $105k and spending of $112k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $105k (-49%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 59%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Strategies for a Stronger Sanford sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 32nd percentile within ME. Charities of a similar size with the same main cause include Pickens Football Booster Club Inc ($105k), Satori Soccer ($105k) and Santa Cruz Lodge Charitable Fund Bpoe of the United States of Ameri ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $30k. At year end it held assets of $82k against liabilities of $0, net assets of $82k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.