The Northeast STEM Academy at Mount Vernon Inc

Analysis

The Northeast STEM Academy at Mount Vernon Inc is a registered charity in United States, based in Tuckahoe, NY. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Northeast STEM Academy at Mount Vernon Inc reported income of $80k and spending of $121k, spending 150% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $178k to $80k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Northeast STEM Academy at Mount Vernon Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include PTA Oklahoma Congress ($80k), Bedford Parent - Teacher Group ($80k) and League of United Latin American Citizens ($80k).

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 $72k against liabilities of $0, net assets of $72k.