Living Stone

Analysis

Living Stone is a registered charity in United States, based in Gaylesville, AL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Living Stone reported income of $51k and spending of $29k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $51k (-14%), an average of -14% a year. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Stone sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within AL. Charities of a similar size with the same main cause include L Chayim of Galt a Womens Place Inc ($51k), Divine Women of Destiny Ministries International ($51k) and The Montana Grains Foundation Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $236k against liabilities of $166k, net assets of $70k.