Stonehill Benevolent Foundation

Analysis

Stonehill Benevolent Foundation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2024, Stonehill Benevolent Foundation reported income of $736k and spending of $652k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.9m to $736k (-81%), an average of -34% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stonehill Benevolent Foundation 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 78th percentile within IA. Charities of a similar size with the same main cause include Clark-Floyd System of Care and Prevent Child Abuse ($736k), Childrens Zone Inc Urb Forest View ($737k) and Virginias House a Family Resource Center Inc ($736k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $8.7m against liabilities of $27k, net assets of $8.6m.