Stemexpress Foundation

Analysis

Stemexpress Foundation is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Stemexpress Foundation reported income of $121k and spending of $23k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $745k to $121k (-84%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stemexpress Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Longevity Biotechnology Association Inc ($121k), Arkansas State Rheumatology Association Inc ($121k) and Guadalupe County Health Council ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 141% of the total. At year end it held assets of $75k against liabilities of $135k, net assets of -$61k.