STEM Greenhouse Inc

Analysis

STEM Greenhouse Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, STEM Greenhouse Inc reported income of $1.0m and spending of $653k, leaving 37% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $185k to $1.0m (+458%), an average of +136% a year. The sharpest change came in the year to June 2022, when income rose by 263%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, STEM Greenhouse Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Kentucky Entrepreneurship Education Network ($1.0m), Palisades Enrichment Programs a Non Profit Corporation ($1.0m) and Jubilee School ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $281k. At year end it held assets of $681k against liabilities of $9,439, net assets of $671k. It reported 23 employees.