Stoneworks International Inc

Analysis

Stoneworks International Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2004, 22 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 December 2023, Stoneworks International Inc reported income of $248k and spending of $288k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $248k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stoneworks International Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Streator Area United Way Inc ($248k), Hope Center of Pratt Kansas Inc ($248k) and Roads to Freedom ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.