Stonebridge Academy Institute

Analysis

Stonebridge Academy Institute is a registered charity in United States, based in Okmulgee, OK. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Stonebridge Academy Institute reported income of $562k and spending of $604k, spending 107% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $589k to $562k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to May 2023, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stonebridge Academy Institute sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Bridgeland High School Band Boosters ($562k), Attleboro Scholarship Foundation ($562k) and The Foundation for Post-Acute and Long-Term Care Medicine ($562k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $56k (9.2% of expenses). Other salaries and wages came to $259k. At year end it held assets of $204k against liabilities of $2,305, net assets of $202k. It reported 19 employees.