STEM Teachers of New York City Inc

Analysis

STEM Teachers of New York City Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2015, 11 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, STEM Teachers of New York City Inc reported income of $430k and spending of $297k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $430k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, STEM Teachers of New York City Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Computer Recycling of Virginia Inc ($430k), Brookeside Montessori ($430k) and El Paso Community College Foundation ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $381. It paid $28k in professional fundraising fees. At year end it held assets of $622k against liabilities of $9,327, net assets of $613k. It reported 1 employees.