Steward School Foundation

Analysis

Steward School Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 June 2023, Steward School Foundation reported income of $386k and spending of $947k, spending 245% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $386k (-82%), an average of -35% a year. The sharpest change came in the year to June 2022, when income rose by 249%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steward School Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Leadership Evansville Incorporated ($386k), American Southwestern Railway Association Inc ($386k) and Echo His Love Inc ($386k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $25.5m against liabilities of $761k, net assets of $24.7m.