Stonecroft Ministries Inc

Analysis

Stonecroft Ministries Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 1955, 71 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2023, Stonecroft Ministries Inc reported income of $3.7m and spending of $4.3m, spending 116% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $7.9m to $3.7m (-54%), an average of -18% a year. The sharpest change came in the year to March 2022, when income rose by 103%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Stonecroft Ministries Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include A3 ($3.7m), Uncharted Ministries Inc ($3.7m) and Rocky Mountain Youth Corps ($3.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 41% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $242k (5.7% of expenses). Other salaries and wages came to $544k. At year end it held assets of $8.1m against liabilities of $149k, net assets of $8.0m. It reported 19 employees.