Stable Resources

Analysis

Stable Resources is a registered charity in United States, based in Clover, SC. It received its IRS tax-exemption ruling in November 2016, 10 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, Stable Resources reported income of $229k and spending of $236k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $229k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stable Resources sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 62nd percentile within SC. Charities of a similar size with the same main cause include Greater South Brevard Senior Citizen Center Inc ($229k), Unearth and Empower Communities ($229k) and Christ Followers for Change Kalamazoo Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $116k (49% of expenses). At year end it held assets of $221k against liabilities of $444, net assets of $221k. It reported 2 employees.