White Stone Project Inc

Analysis

White Stone Project Inc is a registered charity in United States, based in Gaylord, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, White Stone Project Inc reported income of $442k and spending of $449k, spending 102% of its income. Across the 4 years on record, from August 2019 to August 2023, income fell from $788k to $442k (-44%), an average of -18% a year. The sharpest change came in the year to August 2022, when income rose by 66%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White Stone Project 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 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Grinnell Area Arts Council ($442k), Supportive Accountability Hub Inc ($442k) and Afton Alps Alpine Club ($442k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $26k. At year end it held assets of $15k against liabilities of $506k, net assets of -$491k. It reported 3 employees.