Sarah Stitt Hope Fund Inc

Analysis

Sarah Stitt Hope Fund Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sarah Stitt Hope Fund Inc reported income of $457k and spending of $396k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $376k to $457k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sarah Stitt Hope Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Friends of Veritas Preparatory Charter School Inc ($457k), LGBT Youth Out Loud ($457k) and Hempfield Area Band Parents Association Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $4,200 (1.1% of expenses). At year end it held assets of $239k against liabilities of $0, net assets of $239k.