Stoneledge Stables Inc

Analysis

Stoneledge Stables Inc is a registered charity in United States, based in Norwich, VT. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Stoneledge Stables Inc reported income of $64k and spending of $57k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $64k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stoneledge Stables Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 16th percentile within VT. Charities of a similar size with the same main cause include Friends of Rockland Public Library ($64k), Wheaton North Band Parents Organization ($64k) and Lavilla Foundation ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.