Stone Lake Woods Inc

Analysis

Stone Lake Woods Inc is a registered charity in United States, based in Cassopolis, MI. It received its IRS tax-exemption ruling in June 1981, 45 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 December 2023, Stone Lake Woods Inc reported income of $449k and spending of $399k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $449k (+10%), an average of +2.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stone Lake Woods Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Nys Assoc of Traffic Safety Boards Programs Inc ($449k), The Unified School District No 368 Endowment Association ($449k) and Langdon Area Hockey Boosters ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $107k. At year end it held assets of $565k against liabilities of $1.0m, net assets of -$473k. It reported 3 employees.