STEM HQ Inc

Analysis

STEM HQ Inc is a registered charity in United States, based in Hawthorne, FL. It received its IRS tax-exemption ruling in September 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, STEM HQ Inc reported income of $363k and spending of $397k, spending 109% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $548k to $363k (-34%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, STEM HQ Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Tecolote Youth Baseball ($363k), Youthserve Inc ($363k) and Youth As Resources Inc ($363k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 6.5% and program service revenue 94% of the total. Other salaries and wages came to $120k. At year end it held assets of $59k against liabilities of $38k, net assets of $21k. It reported 41 employees.