Inner Banks STEM Center

Analysis

Inner Banks STEM Center is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Inner Banks STEM Center reported income of $209k and spending of $128k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $169k to $209k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Inner Banks STEM Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Illinios Association of Juvenile Justice Councils ($209k), Casa of East Central Illinois ($209k) and Muslimahs United ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $24k (19% of expenses). At year end it held assets of $597k against liabilities of $29k, net assets of $567k.