Sterling Community Food Coalition
Analysis
Sterling Community Food Coalition is a registered charity in United States, based in Mt Sterling, KY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Sterling Community Food Coalition reported income of $107k and spending of $71k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $102k to $107k (+4.4%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 60% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sterling Community Food Coalition sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Bridges Pointe Housing Corporation ($107k), Torn Warriors ($107k) and Al & Friends Inc ($107k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.6% of the total. At year end it held assets of $186k against liabilities of $300, net assets of $186k.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 5.6%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bridges Pointe Housing Corporation | Durham | $107k |
| Torn Warriors | Wells | $107k |
| Al & Friends Inc | Monterey | $107k |
| Senior Citizens of Long Hill Township | Gillette | $107k |