Alabama STEM Education Inc

Analysis

Alabama STEM Education Inc is a registered charity in United States, based in Bessemer, AL. It received its IRS tax-exemption ruling in November 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, Alabama STEM Education Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $216k to $1.3m (+511%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 155%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alabama STEM Education Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Belmont Academy ($1.3m), Woodlawn Community Academy Inc ($1.3m) and First Priority of America Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $286k against liabilities of $40k, net assets of $246k. It reported 4 employees.