STEM Flights

Analysis

STEM Flights is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, STEM Flights reported income of $248k and spending of $223k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $248k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, STEM Flights sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Gap Year Association ($248k), Association of Asset Management Professionals Inc ($248k) and Ocean Shore School Parent Teacher Organization Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $165k. It paid $12k in professional fundraising fees. At year end it held assets of $236k against liabilities of $0, net assets of $236k.