Living Stones Foundation Charitable TR

Analysis

Living Stones Foundation Charitable TR is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Stones Foundation Charitable TR reported income of $8.2m and spending of $1.7m, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $8.2m (+2016%), an average of +114% a year. The sharpest change came in the year to December 2020, when income rose by 2203%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Living Stones Foundation Charitable TR sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Coxhealth Foundation ($8.2m), Newthreads of Hope Inc ($8.2m) and Wayne County Indiana Foundation Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $30.4m against liabilities of $0, net assets of $30.4m.