St Sebastians School Fund Inc

Analysis

St Sebastians School Fund Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, St Sebastians School Fund Inc reported income of $10.4m and spending of $10.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $10.4m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Sebastians School Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Suburban Emergency Medical Services ($10.3m), Westminster School Inc ($10.4m) and Legal Aid Service of Broward County Inc ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $88.1m against liabilities of $13.3m, net assets of $74.9m.