Springstone School

Analysis

Springstone School is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in June 2003, 23 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, Springstone School reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.3m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springstone School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include North Idaho Christian High ($1.3m), Claremont Learning Partnership ($1.3m) and Hiawatha Abc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $132k (9.0% of expenses). Other salaries and wages came to $849k. At year end it held assets of $810k against liabilities of $149k, net assets of $662k. It reported 14 employees.