The Steam Generation Inc

Analysis

The Steam Generation Inc is a registered charity in United States, based in Austell, GA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, The Steam Generation Inc reported income of $102k and spending of $155k, spending 152% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $133k to $102k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Steam Generation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Friends of the Language Academy Inc ($102k), The American Committee for US Russia Accord Ltd ($102k) and Foundation of Shallowford Falls Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $116k against liabilities of $8,588, net assets of $107k.