Student Startup Inc

Analysis

Student Startup Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover employment, 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, Student Startup Inc reported income of $137k and spending of $127k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $137k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. 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, Student Startup Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within KS. Charities of a similar size with the same main cause include Junior League of Central Westchester Inc ($137k), Motivated Young Scholars ($137k) and North Carolina Main Street Partners ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. At year end it held assets of $78k against liabilities of $4,514, net assets of $73k.