Starthrower Group

Analysis

Starthrower Group is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Starthrower Group reported income of $741k and spending of $724k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $741k (+226%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starthrower Group sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Frenchtown Neighborhood Improvement Association Inc ($741k), Flanbwayan Haitian Literacy Project ($741k) and Cazenovia Public Library Society ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 92% of the total. Other salaries and wages came to $362k. At year end it held assets of $194k against liabilities of $165k, net assets of $29k. It reported 17 employees.