Middlesex County STEM Charter School

Analysis

Middlesex County STEM Charter School is a registered charity in United States, based in Perth Amboy, NJ. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Middlesex County STEM Charter School reported income of $7.8m and spending of $7.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $7.8m (+561%), an average of +60% a year. The sharpest change came in the year to June 2020, when income rose by 141%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middlesex County STEM Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Childrens Educational Services Inc ($7.8m), The Weiss Gifted and Talented Schools Inc ($7.8m) and Oregon Family School ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $2.8m against liabilities of $123k, net assets of $2.6m. It reported 142 employees.