Stone of Hope Youth

Analysis

Stone of Hope Youth is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 2017, 9 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 (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, Stone of Hope Youth reported income of $171k and spending of $121k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $171k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Stone of Hope Youth sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within UT. Charities of a similar size with the same main cause include Tennis and Tutoring Program ($171k), Go for Yours Foundation ($171k) and Eastport-South Manor Sports Association ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.2% of the total. At year end it held assets of $143k against liabilities of $1,790, net assets of $142k.