The Stoney Creek Foundation

Analysis

The Stoney Creek Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Stoney Creek Foundation reported income of $4.7m and spending of $2.8m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $2.6m to $4.7m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Stoney Creek Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Girl Scout Council of Colonial Coast ($4.7m), Lavender Youth Recreation and Information Center Inc ($4.7m) and Girls Incorporated of Omaha ($4.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 23% of the total. Other salaries and wages came to $918k. It paid $9,122 in professional fundraising fees. At year end it held assets of $14.3m against liabilities of $0, net assets of $14.3m.