St Stephen of Hungary School Foundation Inc

Analysis

St Stephen of Hungary School Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, St Stephen of Hungary School Foundation Inc reported income of $332k and spending of $487k, spending 147% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $579k to $332k (-43%), an average of -13% a year. The sharpest change came in the year to August 2021, when income rose by 390%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Stephen of Hungary School Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Streams of Life Worship Center Inc ($332k), Heavens Harvest Ministries Inc ($332k) and Streetlight Ministries Inc ($332k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $643k against liabilities of $21k, net assets of $622k.