Stone Gate Resources

Analysis

Stone Gate Resources is a registered charity in United States, based in Saukville, WI. It received its IRS tax-exemption ruling in April 2000, 26 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 May 2024, Stone Gate Resources reported income of $83k and spending of $126k, spending 153% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $248k to $83k (-67%), an average of -31% a year. The sharpest change came in the year to May 2021, when income dropped by 62%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stone Gate Resources sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Rise Institute Inc ($83k), American Chinese Culture and Education Foundation ($83k) and Palmetto Literacy Council ($83k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.