Stone Trust Inc

Analysis

Stone Trust Inc is a registered charity in United States, based in Dummerston, VT. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Stone Trust Inc reported income of $510k and spending of $543k, spending 106% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $183k to $510k (+179%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stone Trust Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 65th percentile within VT. Charities of a similar size with the same main cause include Black and Brown Founders Inc ($510k), Hardrock Club ($510k) and Orange Couch Foundation ($510k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). Other salaries and wages came to $160k. At year end it held assets of $100k against liabilities of $233k, net assets of -$133k. It reported 5 employees.