Southwest Georgia STEM Charter Inc

Analysis

Southwest Georgia STEM Charter Inc is a registered charity in United States, based in Shellman, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Georgia STEM Charter Inc reported income of $8.2m and spending of $7.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $8.2m (+99%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Georgia STEM Charter Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Northwest Academy ($8.2m), Gray Charter ($8.2m) and Oglethorpe Charter School Inc ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $196k (2.7% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $12.4m against liabilities of $9.2m, net assets of $3.2m. It reported 113 employees.