Stuart Hall School for Boys

Analysis

Stuart Hall School for Boys is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 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, Stuart Hall School for Boys reported income of $6.9m and spending of $7.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $6.9m (+8.9%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stuart Hall School for Boys 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 LA. Charities of a similar size with the same main cause include Community Action of Southern Indiana Inc ($6.9m), Abilities Inc ($6.9m) and Boys & Girls Clubs of the Coastal Plain Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $721k (9.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $15.2m against liabilities of $3.7m, net assets of $11.5m. It reported 108 employees.