STEM to the Future
Analysis
STEM to the Future is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2019, 7 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, STEM to the Future reported income of $819k and spending of $662k, spending 81% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $318k to $819k (+158%), an average of +60% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 76% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, STEM to the Future sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Artesia General Hospital Foundation ($819k), Providence Promise ($819k) and Bloomington Center for Global Children ($819k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). Other salaries and wages came to $320k. At year end it held assets of $490k against liabilities of $97k, net assets of $393k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 47%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Artesia General Hospital Foundation | Artesia | $819k |
| Providence Promise | Providence | $819k |
| Bloomington Center for Global Children | Bloomington | $819k |
| Florida West Coast Operating Engineers Apprenticeship Trust Fun | Sparks | $819k |