Maryland STEM Festival Inc

Analysis

Maryland STEM Festival Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Maryland STEM Festival Inc reported income of $127k and spending of $121k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $127k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland STEM Festival Inc 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 43rd percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Valley Soccer Club Inc ($127k), Red Lodge Bike Center ($127k) and Michigan Hawks Fastpitch Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.