Empty Stocking Fund Inc

Analysis

Empty Stocking Fund Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 March 2024, Empty Stocking Fund Inc reported income of $79k and spending of $97k, spending 122% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $87k to $79k (-9.4%), an average of -9.4% a year. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Empty Stocking Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include One Life ($79k), Boone Ballerz Basketball ($79k) and Predestined Outreach ($79k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.