Stream Innovations Inc

Analysis

Stream Innovations Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2016, 10 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, Stream Innovations Inc reported income of $192k and spending of $180k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $192k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stream Innovations Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Hudson Blue Line Club Inc ($192k), Black Fives Foundation ($192k) and Accelerate4kids Foundation ($192k).

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 $47k (26% of expenses). Other salaries and wages came to $24k. At year end it held assets of $23k against liabilities of $33k, net assets of -$9,400. It reported 5 employees.