Little Star Foundation

Analysis

Little Star Foundation is a registered charity in United States, based in Santa Rosa Beach, FL. It received its IRS tax-exemption ruling in June 1999, 27 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, Little Star Foundation reported income of $2.0m and spending of $941k, leaving 52% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $3.4m to $2.0m (-42%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Star Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Educate Advancing Early Childhood Education Parenting and Literacy ($2.0m), Docservices Inc ($2.0m) and Helpusadopt Org Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Other salaries and wages came to $200k. At year end it held assets of $2.0m against liabilities of $6,073, net assets of $2.0m. It reported 3 employees.