Stanford Daily Publishing Corporation

Analysis

Stanford Daily Publishing Corporation is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in July 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stanford Daily Publishing Corporation reported income of $709k and spending of $639k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $593k to $709k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stanford Daily Publishing Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Red River Basin Commission ($709k), Fillmore County Foundation Inc ($709k) and Academy of Marketing Science School of Business Administration ($708k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $53k (8.3% of expenses). Other salaries and wages came to $274k. At year end it held assets of $2.0m against liabilities of $289k, net assets of $1.7m. It reported 86 employees.