Stoves for Guatemala

Analysis

Stoves for Guatemala is a registered charity in United States, based in Paynesville, MN. It received its IRS tax-exemption ruling in July 2018, 8 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, Stoves for Guatemala reported income of $280k and spending of $176k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $280k (+285%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 209%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stoves for Guatemala sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Rush County Senior Citizens Services Inc ($280k), F O R Maricopa Inc ($280k) and Midtown Counseling Services ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.