Stonebridge World School

Analysis

Stonebridge World School is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2012, 14 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, Stonebridge World School reported income of $6.1m and spending of $5.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $6.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stonebridge World School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Camp Judaea Inc ($6.1m), Coppin State College Development Foundation Inc ($6.1m) and Girls Athletic Leadership School Los Angeles ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $303k (5.6% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.2m against liabilities of $3.6m, net assets of -$469k. It reported 72 employees.