Stone Soup Inc

Analysis

Stone Soup Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2020, 6 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, Stone Soup Inc reported income of $686k and spending of $616k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $236k to $686k (+191%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 116%. 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, Stone Soup Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Tusculum Child Care Center ($686k), Logan County Good Samaritan Incorporated ($686k) and Mending the Sacred Hoop ($686k).

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 $102k against liabilities of $15k, net assets of $88k.