Sterne School

Analysis

Sterne School is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1976, 50 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 2023, Sterne School reported income of $8.6m and spending of $8.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $8.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sterne School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include St Johns Community Services - Pennsylvania ($8.6m), New Tech Network Inc ($8.6m) and Portland Jewish Academy ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $469k (5.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $27.8m against liabilities of $16.6m, net assets of $11.3m. It reported 66 employees.