Stable Hands Inc

Analysis

Stable Hands Inc is a registered charity in United States, based in Rib Mountain, WI. It received its IRS tax-exemption ruling in August 1992, 34 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, Stable Hands Inc reported income of $752k and spending of $211k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $752k (+453%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 519%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stable Hands Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include New Encounters Inc ($752k), Child Nuturing Center ($752k) and Family Touch Inc ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $15k (7.1% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.1m against liabilities of $242k, net assets of $906k. It reported 14 employees.