Friends of Old Town Stayton

Analysis

Friends of Old Town Stayton is a registered charity in United States, based in Stayton, OR. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Old Town Stayton reported income of $151k and spending of $148k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $49k to $151k (+206%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 522%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Old Town Stayton sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Appa Association of Higher Education Facilities Officers ($151k), Yoga 4 the World ($151k) and Top of Georgia Economic Development Initiative Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.