STEM Coding Lab Inc

Analysis

STEM Coding Lab Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2017, 9 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, STEM Coding Lab Inc reported income of $1.6m and spending of $825k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $421k to $1.6m (+274%), an average of +93% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, STEM Coding Lab 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 82nd percentile within PA. Charities of a similar size with the same main cause include Pioneer Valley Montessori Society Inc ($1.6m), FC Virginia-United ($1.6m) and Cheder Eitz Chaim Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $181k (22% of expenses). Other salaries and wages came to $451k. At year end it held assets of $1.6m against liabilities of $70k, net assets of $1.5m. It reported 15 employees.