Guiding Star Project

Analysis

Guiding Star Project is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Guiding Star Project reported income of $110k and spending of $118k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $110k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guiding Star Project sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Society of St Vincent Depaul of Blessed Trinity and St Francis of ($110k), Sheriffs Posse of El Dorado County Inc ($110k) and Central Community Foundation ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.