Stephens College

Analysis

Stephens College is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in July 1944, 82 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, Stephens College reported income of $22.4m and spending of $30.6m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $77.3m to $22.4m (-71%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 68%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stephens College sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Fund for Educational Excellence Inc ($22.3m), Marine Corps Scholarship Foundation Inc ($22.4m) and University Studies Abroad Consortium ($22.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.9m (6.3% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $99.7m against liabilities of $15.7m, net assets of $84.1m. It reported 506 employees.