Stacks and Joules Inc

Analysis

Stacks and Joules Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Stacks and Joules Inc reported income of $549k and spending of $524k, spending 95% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $364k to $549k (+51%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stacks and Joules Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Africa Nazarene University Foundation ($549k), Communities in Schools of High Point Inc ($549k) and Oak Ridge High School Sports Booster Club ($549k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $208k (40% of expenses). Other salaries and wages came to $107k. At year end it held assets of $158k against liabilities of $4,071, net assets of $154k. It reported 4 employees.