Firewheel STEM Institute

Analysis

Firewheel STEM Institute is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Firewheel STEM Institute reported income of $287k and spending of $381k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $252k to $287k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Firewheel STEM Institute sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Project Safe Inc ($287k), Corazon a Corazon NFP ($287k) and Upstate-Carolina Adaptive Golf ($286k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $50k. At year end it held assets of $138k against liabilities of $6,777, net assets of $131k. It reported 5 employees.