Stiles Farm Foundation

Analysis

Stiles Farm Foundation is a registered charity in United States, based in Thrall, TX. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Stiles Farm Foundation reported income of $833k and spending of $943k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $734k to $833k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stiles Farm Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Greater Keller Womens Club Foundation Inc ($833k), Westlake Academy Athletic Club ($833k) and Glaziers Apprenticeship & Journeyman Training Fund ($833k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 88% of the total. Other salaries and wages came to $82k. At year end it held assets of $3.1m against liabilities of $50k, net assets of $3.0m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.