X-Stream Training Services Inc

Analysis

X-Stream Training Services Inc is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, X-Stream Training Services Inc reported income of $188k and spending of $184k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $34k to $188k (+452%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 555%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, X-Stream Training Services Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Ohio Lions Foundation ($188k), Institute of Ubuntu ($189k) and Heart of Ellsworth ($188k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5,228 against liabilities of $0, net assets of $5,228.