STEM Kids NYC

Analysis

STEM Kids NYC is a registered charity in United States, based in North Bergen, NJ. It received its IRS tax-exemption ruling in November 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 2022, STEM Kids NYC reported income of $514k and spending of $198k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $178k to $514k (+189%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, STEM Kids NYC sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Austin Elementary Eagle Foundation Inc ($514k), Chicago School of Violin Making Inc ($514k) and Miracle League of Northern Connecticut Inc ($513k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $955k against liabilities of $0, net assets of $955k.