Northstar Foundation

Analysis

Northstar Foundation is a registered charity in United States, based in Alpine, WY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northstar Foundation reported income of $3.5m and spending of $5,223, leaving 100% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $94k to $3.5m (+3639%), an average of +511% a year. The sharpest change came in the year to December 2023, when income rose by 408827%. Over the whole period it spent 0.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northstar Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 94th percentile within WY. Charities of a similar size with the same main cause include Cabell - Huntington Coalition for the Homeless Inc ($3.5m), The Food Initiative of Greater Stan Siaus Inc ($3.5m) and Golden Girl Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.