Young Living Stones

Analysis

Young Living Stones is a registered charity in United States, based in Del Rio, TX. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Young Living Stones reported income of $306k and spending of $245k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $306k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Young Living Stones sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Outreach Ministries of Alabama Inc ($306k), Allen Griffin Ministries Inc ($306k) and Pioneer Clubs ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $48k (19% of expenses). At year end it held assets of $104k against liabilities of -$203, net assets of $104k. It reported 3 employees.