Living Stones Ministries
Analysis
Living Stones Ministries is a registered charity in United States, based in Sand Lake, MI. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Living Stones Ministries reported income of $462k and spending of $260k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $462k (+135%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 54% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Living Stones Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Delaware Strong Families Inc ($462k), Sanctuary Inn Inc ($462k) and Dinh Quang Buddhist Temple ($462k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $49k (19% of expenses). At year end it held assets of $303k against liabilities of $836, net assets of $302k. It reported 1 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Delaware Strong Families Inc | Seaford | $462k |
| Sanctuary Inn Inc | Welches | $462k |
| Dinh Quang Buddhist Temple | Springfield | $462k |
| Sangha Bhiksu Buddhist Association | Lawrenceville | $462k |