Sto Te Nema Inc

Analysis

Sto Te Nema Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sto Te Nema Inc reported income of $69k and spending of $25k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,550 to $69k (+1148%), an average of +1148% a year. The sharpest change came in the year to December 2023, when income rose by 1148%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sto Te Nema Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Sumter Emc Foundation Inc ($69k), St Josephs Roman Catholic Benevolent Assn ($69k) and Collie Rescue of Greater Illinois ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $9,857, net assets of $73k.