North Idaho STEM Charter Academy Inc

Analysis

North Idaho STEM Charter Academy Inc is a registered charity in United States, based in Rathdrum, ID. It received its IRS tax-exemption ruling in December 2010, 16 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, North Idaho STEM Charter Academy Inc reported income of $7.0m and spending of $4.7m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.3m to $7.0m (+64%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Idaho STEM Charter Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within ID. Charities of a similar size with the same main cause include Raleigh Charter High School ($7.0m), Steel City Academy Inc ($7.0m) and Rock Creek Community Academy Inc ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $197k (4.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.4m against liabilities of $1.7m, net assets of $12.7m. It reported 46 employees.