Stony Brook School

Analysis

Stony Brook School is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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, Stony Brook School reported income of $30.8m and spending of $26.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.5m to $30.8m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stony Brook School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Logan Community Resources Inc ($30.8m), McDermott Center ($30.9m) and Living Well Disability Services ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $766k (2.9% of expenses). Other salaries and wages came to $9.7m. It paid $46k in professional fundraising fees. At year end it held assets of $68.7m against liabilities of $10.5m, net assets of $58.2m. It reported 206 employees.