Stovall Foundation

Analysis

Stovall Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Stovall Foundation reported income of $284k and spending of $32k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $284k (+756%), an average of +71% a year. The sharpest change came in the year to December 2020, when income rose by 1024%. Over the whole period it spent 8.7% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stovall Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Wisconsin Masonic Center Foundation Inc ($284k), American Friends of the Norman Foster Foundation ($284k) and People for Change Coalition ($283k).

At year end it held assets of $1.8m against liabilities of $4,500, net assets of $1.8m.