Stemboost Corporation

Analysis

Stemboost Corporation is a registered charity in United States, based in Cupertino, CA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stemboost Corporation reported income of $195k and spending of $365k, spending 188% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $195k (+12%), an average of +12% a year. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stemboost Corporation 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 55th percentile within CA. Charities of a similar size with the same main cause include Estill County Band Boosters Inc ($195k), Jinnah Sindh Medical University Alumni Association of North Americ ($195k) and Monticello College Inc ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.