Stanbridge Academy

Analysis

Stanbridge Academy is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in October 1975, 51 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, Stanbridge Academy reported income of $5.6m and spending of $4.7m, spending 83% of its income. Across the 5 years on record, from August 2019 to June 2023, income grew from $4.6m to $5.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stanbridge Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Nami New Hampshire ($5.6m), Three Rivers Legal Services Inc ($5.6m) and XCS Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $464k (9.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $8.5m against liabilities of $2.9m, net assets of $5.6m. It reported 48 employees.