Stxbp1 Foundation

Analysis

Stxbp1 Foundation is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Stxbp1 Foundation reported income of $736k and spending of $1.3m, spending 180% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $297k to $736k (+148%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stxbp1 Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Polk Yamhill & Marion Child Treatment Services Inc ($735k), Childrens Cardiomyopathy Foundation Inc ($736k) and Charles Harold Breyman Memorial Fund ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.4m against liabilities of $355k, net assets of $1.0m.