Stanza Education Corporation

Analysis

Stanza Education Corporation is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in November 2021, 5 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 2024, Stanza Education Corporation reported income of $332k and spending of $666k, spending 200% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $599k to $332k (-45%), an average of -26% a year. The sharpest change came in the year to June 2024, when income rose by 108%. Over the whole period it spent 225% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stanza Education Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Clayton County Agr Society ($332k), Phoenix Rheumatology Association Inc ($332k) and Cleveland Empowerment Foundation ($332k).

Compensation of current officers, directors and key employees was $5,400 (0.8% of expenses). Other salaries and wages came to $153k. At year end it held assets of $116k against liabilities of $2.4m, net assets of -$2.3m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.