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STEM to the Future

RegisteredEIN 82-1966013Los Angeles, CAEducation and training
Income$819k2023-06
Spending$662ksame year
Spent / received76%3-year average
Size in its cause74th pctEducation and training
Exempt since2019Publicly supported organisat
Employees12latest return

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

$0$205k$410k$614k$819k2021 Income: $317,9482021 Spending: $230,23220212022 Income: $521,0312022 Spending: $372,11120222023 Income: $819,2062023 Spending: $661,7212023
IncomeSpending

Where the income comes from

  • Contributions & grants 53%
  • Program services 47%

Similar-sized charities, same cause

CharityLocationIncome
Artesia General Hospital FoundationArtesia$819k
Providence PromiseProvidence$819k
Bloomington Center for Global ChildrenBloomington$819k
Florida West Coast Operating Engineers Apprenticeship Trust FunSparks$819k