Blessed Stephen Bellesini O S a Academy Inc

Analysis

Blessed Stephen Bellesini O S a Academy Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in July 2002, 24 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, Blessed Stephen Bellesini O S a Academy Inc reported income of $1.5m and spending of $1.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.5m (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2020, when income dropped by 30%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blessed Stephen Bellesini O S a Academy Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Associated Colleges of Illinois Inc ($1.5m), Villa Preparatory Academy Corp ($1.5m) and Rize Massachusetts Foundation Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.5% of the total. Other salaries and wages came to $986k. At year end it held assets of $4.3m against liabilities of $462k, net assets of $3.8m. It reported 49 employees.

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.