Society of Saint Stephen

Analysis

Society of Saint Stephen is a registered charity in United States, based in Lindale, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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, Society of Saint Stephen reported income of $351k and spending of $329k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $351k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Saint Stephen sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Joint Service Special Operations Fund Inc ($351k), Life Choice Ministries Inc ($351k) and Volunteers Assisting Seniors ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.