Stable Home Fund

Analysis

Stable Home Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Stable Home Fund reported income of $4.0m and spending of $8.0m, spending 198% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $385k to $4.0m (+943%), an average of +118% a year. The sharpest change came in the year to December 2021, when income rose by 405%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stable Home Fund sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Autism Services Association Inc ($4.0m), Country Day School ($4.0m) and Studio School ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (1.2% of expenses). At year end it held assets of $5.1m against liabilities of $8.1m, net assets of -$3.0m. It reported 1 employees.