Saginaw S T E M

Analysis

Saginaw S T E M is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Saginaw S T E M reported income of $110k and spending of $82k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $110k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Saginaw S T E M sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Upper Rogue Valley Youth Football ($110k), Lets Grow Steamx Inc ($110k) and New South Development & Training Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,731 against liabilities of $70k, net assets of -$61k.