Stephenson Place

Analysis

Stephenson Place is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Stephenson Place reported income of $205k and spending of $232k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $185k to $205k (+11%), an average of +2.6% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stephenson Place sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Sullivan Homes Inc ($205k), Immanuel Childrens Foundation ($205k) and Smart Share Housing Solutions Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $868k against liabilities of $14k, net assets of $854k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.