Stone Ministries Inc

Analysis

Stone Ministries Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Ministries Inc reported income of $185k and spending of $195k, spending 105% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $258k to $185k (-28%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stone Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Missouri Institute of Natural Science ($185k), Hart High Music Boosters ($185k) and Historic Linwood Foundation Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. At year end it held assets of $31k against liabilities of $42k, net assets of -$11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.