Starbridge Services Inc

Analysis

Starbridge Services Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Starbridge Services Inc reported income of $17.6m and spending of $16.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.9m to $17.6m (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starbridge Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Seabury Hall ($17.6m), Roeper City & Country School Inc ($17.6m) and Chandler School ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $290k (1.7% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $6.6m against liabilities of $1.6m, net assets of $4.9m. It reported 569 employees.