Stanford Settlement Inc

Analysis

Stanford Settlement Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1977, 49 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 June 2023, Stanford Settlement Inc reported income of $1.1m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $769k to $1.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stanford Settlement Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Native American Advancement Foundation Inc ($1.1m), Survivor Resource Network ($1.1m) and Detroit Friendship House Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $88k (7.0% of expenses). Other salaries and wages came to $570k. At year end it held assets of $2.4m against liabilities of $30k, net assets of $2.4m. It reported 23 employees.