Stepping Stone School Inc for Exceptional Children Inc

Analysis

Stepping Stone School Inc for Exceptional Children Inc is a registered charity in United States, based in Alma, AR. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Stepping Stone School Inc for Exceptional Children Inc reported income of $8.2m and spending of $8.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $8.2m (+5.5%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stepping Stone School Inc for Exceptional Children Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Duluth Graduate Medical Education Council Inc ($8.2m), Iowa Primary Care Association Inc ($8.2m) and Politz Hebrew Academy of Northeast Philadelphia ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $209k (2.6% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $20.2m against liabilities of $2.7m, net assets of $17.5m. It reported 227 employees.