St Stephens School Corporation

Analysis

St Stephens School Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1963, 63 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 August 2023, St Stephens School Corporation reported income of $11.5m and spending of $11.4m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.2m to $11.5m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to August 2022, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Stephens School Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Hillsborough Community College Foundation Inc ($11.5m), Lutheran Sunset Home ($11.5m) and Archbold Expeditions Inc ($11.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $399k (3.5% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $22.9m against liabilities of $13.1m, net assets of $9.7m. It reported 20 employees.