Stachestrong Inc

Analysis

Stachestrong Inc is a registered charity in United States, based in Vestal, NY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Stachestrong Inc reported income of $1.0m and spending of $672k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $205k to $1.0m (+396%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 478%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stachestrong Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Push to Walk a New Jerseynon-Profit Corporation ($1.0m), Alliance Health of Marblehead Inc ($1.0m) and Casa Colina Comprehensive Outpatient Rehabilitation Services ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $60k (8.9% of expenses). At year end it held assets of $916k against liabilities of $21k, net assets of $896k. It reported 1 employees.