Steppingstone Day School Inc

Analysis

Steppingstone Day School Inc is a registered charity in United States, based in Kew Garden HL, NY. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Steppingstone Day School Inc reported income of $21.3m and spending of $21.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.1m to $21.3m (+18%), an average of +4.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steppingstone Day School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Fellowship Christian School Inc ($21.3m), Educational Records Bureau Inc ($21.3m) and Ace Charter School ($21.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $229k (1.1% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $7.0m against liabilities of $5.2m, net assets of $1.8m. It reported 403 employees.