21st Century Partnership for STEM Education
Analysis
21st Century Partnership for STEM Education is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, 21st Century Partnership for STEM Education reported income of $4.7m and spending of $4.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $4.7m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 99% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, 21st Century Partnership for STEM Education sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Amber Education Fund Inc ($4.7m), Grace Christian School of Cypress California ($4.7m) and Ethos Academy a Challenge Foundation Academy Inc ($4.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $327k (7.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $473k against liabilities of $201k, net assets of $272k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Amber Education Fund Inc | New York | $4.7m |
| Grace Christian School of Cypress California | Cypress | $4.7m |
| Ethos Academy a Challenge Foundation Academy Inc | Glendale | $4.7m |
| Sigma Nu Educational Foundation Inc | Lexington | $4.7m |