Stone Soup Fresno

Analysis

Stone Soup Fresno is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Stone Soup Fresno reported income of $1.6m and spending of $1.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+35%), an average of +7.8% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stone Soup Fresno 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 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Alameda Soccer Club Inc ($1.6m), North Park Hockey Association Inc ($1.6m) and Davie United Soccer Club Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $98k (5.5% of expenses). Other salaries and wages came to $836k. At year end it held assets of $2.1m against liabilities of $1.0m, net assets of $1.1m. It reported 21 employees.