Northeast Florida Regional Stem2 Hub Inc

Analysis

Northeast Florida Regional Stem2 Hub Inc is a registered charity in United States, based in Fleming Island, FL. It received its IRS tax-exemption ruling in October 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 (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, Northeast Florida Regional Stem2 Hub Inc reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.6m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Florida Regional Stem2 Hub Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Gate City Charter School for the Arts ($1.6m), Hawkeye Community College Foundation ($1.6m) and Westgate Child Center Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $136k (9.2% of expenses). Other salaries and wages came to $189k. At year end it held assets of $685k against liabilities of $205k, net assets of $480k. It reported 5 employees.