Minnesota STEM Partnership

Analysis

Minnesota STEM Partnership is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2018, 8 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, Minnesota STEM Partnership reported income of $174k and spending of $189k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $277k to $174k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minnesota STEM Partnership sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Gilbert Albert Community Center Inc ($174k), Saint Mary of Carmen Society Inc ($174k) and Community Homeschool Enrichment Center ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $58k against liabilities of $6,321, net assets of $52k.