Living Stones Village USA Limited

Analysis

Living Stones Village USA Limited is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2006, 20 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, Living Stones Village USA Limited reported income of $74k and spending of $236k, spending 318% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $74k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 218% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Stones Village USA Limited sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Scotland County Community Fitness ($74k), Ellsworth County Council on Aging Inc ($74k) and Metta for Life Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $85k (36% of expenses). At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.

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.