Stonehill College Inc

Analysis

Stonehill College Inc is a registered charity in United States, based in Easton, MA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stonehill College Inc reported income of $180.1m and spending of $181.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $162.9m to $180.1m (+11%), an average of +2.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stonehill College Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Pacific University ($179.4m), Wikimedia Foundation Org ($180.2m) and California Lutheran University ($178.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.6m (0.9% of expenses). Other salaries and wages came to $44.8m. At year end it held assets of $502.8m against liabilities of $103.5m, net assets of $399.3m. It reported 1,515 employees.