Stone City Alliance for Recovery & Hope Inc

Analysis

Stone City Alliance for Recovery & Hope Inc is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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 September 2023, Stone City Alliance for Recovery & Hope Inc reported income of $419k and spending of $185k, leaving 56% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $164k to $419k (+156%), an average of +37% a year. The sharpest change came in the year to September 2022, when income rose by 116%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stone City Alliance for Recovery & Hope Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Northwest Associated Arts ($419k), Central Minnesota Youth Soccer Association ($419k) and Kansas Association for Conservation and Environmental Education ($419k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $90k. At year end it held assets of $743k against liabilities of $267k, net assets of $476k. It reported 10 employees.