Allen-Stevenson School

Analysis

Allen-Stevenson School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1948, 78 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, Allen-Stevenson School reported income of $35.1m and spending of $32.0m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $32.1m to $35.1m (+9.4%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen-Stevenson School sits at the 99th percentile: it is larger than about 99% 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 Nazareth Home Inc ($35.1m), Mental Health Services Erie County South East Corp V Spectrum Human ($35.2m) and Nysarc Inc ($35.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $3.2m (10% of expenses). Other salaries and wages came to $12.5m. At year end it held assets of $140.7m against liabilities of $35.8m, net assets of $104.9m. It reported 232 employees.