Stone Child College Corporation

Analysis

Stone Child College Corporation is a registered charity in United States, based in Box Elder, MT. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stone Child College Corporation reported income of $14.0m and spending of $14.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $14.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stone Child College Corporation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include The Society of St Vincent de Paul District Council of Sonoma County ($14.0m), St John Lutheran Care Center ($14.0m) and El Hogar Community Services Inc ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $712k (4.8% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $29.7m against liabilities of $2.8m, net assets of $26.9m. It reported 152 employees.