Stevenson House Foundation

Analysis

Stevenson House Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stevenson House Foundation reported income of $430k and spending of $37k, leaving 91% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $14.7m to $430k (-97%), an average of -83% a year. The sharpest change came in the year to December 2022, when income dropped by 98%. Over the whole period it spent 1.7% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stevenson House Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Azteca Economic Developement Corporation ($430k), Franklin County Housing Advisory Corporation Inc ($430k) and St Marys Villa Inc ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $14.3m against liabilities of $500, net assets of $14.3m.