Idaho STEM Academy Incorporated

Analysis

Idaho STEM Academy Incorporated is a registered charity in United States, based in Blackfoot, ID. It received its IRS tax-exemption ruling in March 2012, 14 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, Idaho STEM Academy Incorporated reported income of $1.4m and spending of $1.8m, spending 132% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.4m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idaho STEM Academy Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include SC Health Sciences 2 Inc ($1.4m), San Diego Housing Federation ($1.4m) and Association of Fraternal Leadership & Values ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (4.3% of expenses). Other salaries and wages came to $793k. At year end it held assets of $863k against liabilities of $1.1m, net assets of -$198k. It reported 41 employees.