6 Stones Mission Network

Analysis

6 Stones Mission Network is a registered charity in United States, based in Euless, TX. It received its IRS tax-exemption ruling in January 2010, 16 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, 6 Stones Mission Network reported income of $5.6m and spending of $2.7m, leaving 51% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $4.2m to $5.6m (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2019, when income dropped by 43%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 6 Stones Mission Network sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Arab American Family Services ($5.6m), Ending Community Homelessness Coalition Inc ($5.6m) and Approachable Foster Family Agency ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $164k (6.0% of expenses). Other salaries and wages came to $708k. At year end it held assets of $9.2m against liabilities of $2.5m, net assets of $6.7m. It reported 17 employees.