Stepinac High School Foundation Inc

Analysis

Stepinac High School Foundation Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Stepinac High School Foundation Inc reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.0m to $2.8m (+45%), an average of +9.7% a year. The sharpest change came in the year to August 2020, when income rose by 42%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stepinac High School Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Scholars Academy Sunnyslope ($2.8m), Roane State Community College Foundation ($2.8m) and Apt Foundation ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. It paid $69k in professional fundraising fees. At year end it held assets of $9.8m against liabilities of $838k, net assets of $9.0m.