Law Stroud Foundation Inc

Analysis

Law Stroud Foundation Inc is a registered charity in United States, based in Rockport, MA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Law Stroud Foundation Inc reported income of $68k and spending of $32k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $68k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Law Stroud Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Comunidad Lasc Cruces Inc ($68k), Tri-State Literacy Council Inc ($68k) and Boothbay Region Art Foundation Inc ($68k).

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 $54k against liabilities of $0, net assets of $54k.