Strider Education Foundation Inc

Analysis

Strider Education Foundation Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in March 2017, 9 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, Strider Education Foundation Inc reported income of $1.9m and spending of $1.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $1.9m (+302%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Strider Education Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within SD. Charities of a similar size with the same main cause include Friends of the Children-Central Oregon ($1.9m), Boys & Girls Club of Fullerton ($1.9m) and Bridgeport Caribe Youth League Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $18k (1.2% of expenses). Other salaries and wages came to $23k. At year end it held assets of $2.6m against liabilities of $1.4m, net assets of $1.2m. It reported 5 employees.