Stu-Comm Incorporated

Analysis

Stu-Comm Incorporated is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2023, Stu-Comm Incorporated reported income of $2.8m and spending of $2.3m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.8m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stu-Comm Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include 826 National ($2.8m), Oak Academies Inc ($2.8m) and Par Excellence Academy ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $115k (5.0% of expenses). Other salaries and wages came to $906k. At year end it held assets of $5.1m against liabilities of $1.9m, net assets of $3.2m. It reported 28 employees.