STEM Advantage

Analysis

STEM Advantage is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, STEM Advantage reported income of $1.1m and spending of $839k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $1.1m (+261%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, STEM Advantage sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Martin Truex Jr Foundation Inc ($1.0m), Boy Scouts of America ($1.1m) and Fortress Youth Development Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $201k. At year end it held assets of $1.1m against liabilities of $4,100, net assets of $1.1m. It reported 3 employees.