Strongertowns

Analysis

Strongertowns is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Strongertowns reported income of $500k and spending of $471k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $422k to $500k (+18%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Strongertowns sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Augusta Training Shop for the Handicapped Inc ($500k), Iowa Community Capital ($500k) and Southwest Association of Student Assistance Programs Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.