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S T R E a M Global Innovations Inc

RegisteredEIN 45-5275578Palmdale, CAOther charitable purposes
Income$153k2023-12
Spending$192ksame year
Spent / received109%3-year average
Size in its cause47th pctOther charitable purposes
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

S T R E a M Global Innovations Inc is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, S T R E a M Global Innovations Inc reported income of $153k and spending of $192k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $207k to $153k (-26%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, S T R E a M Global Innovations Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Eye Tumor Research Foundation Inc ($153k), Friends of Sutters Fort Inc ($153k) and Vernonia Booster Club ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.

Income and spending

$0$66k$132k$198k$265k2021 Income: $206,7032021 Spending: $170,15620212022 Income: $215,7052022 Spending: $264,56620222023 Income: $152,6672023 Spending: $192,1682023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Eye Tumor Research Foundation IncPhiladelphia$153k
Friends of Sutters Fort IncSacramento$153k
Vernonia Booster ClubVernonia$153k
Washburn High School FoundationMinneapolis$153k