String Theory Schools

Analysis

String Theory Schools is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, String Theory Schools reported income of $4.1m and spending of $3.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.1m (+21%), an average of +5.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, String Theory Schools sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include The Brookwood Endowment Inc ($4.1m), Community College of Baltimore County Foundation Inc ($4.1m) and Assistments Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.6m (42% of expenses). Other salaries and wages came to $569k. At year end it held assets of $3.0m against liabilities of $194k, net assets of $2.8m. It reported 19 employees.