St Stephens Episcopal School

Analysis

St Stephens Episcopal School is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1940, 86 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Stephens Episcopal School reported income of $3.5m and spending of $4.3m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $3.5m (-21%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. 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, St Stephens Episcopal School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Educational Results Partnership ($3.5m), National Taiwan University Academic Development Foundation Inc ($3.5m) and Alternative Education Foundation Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $163k (3.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.1m against liabilities of $2.5m, net assets of $607k. It reported 53 employees.