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Graduate Fellowships for Science Technology Engineering and

RegisteredEIN 94-3067172Los Angeles, CAOther charitable purposes
Income$1.5m2023-06
Spending$1.5msame year
Spent / received89%4-year average
Size in its cause82nd pctOther charitable purposes
Exempt since1990Publicly supported organisat
Employees2latest return

Analysis

Graduate Fellowships for Science Technology Engineering and is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. 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 2023, Graduate Fellowships for Science Technology Engineering and reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.5m (+16%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Graduate Fellowships for Science Technology Engineering and sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include International Sangha Bhiksu Buddist Association ($1.5m), Place Dubourg Inc ($1.5m) and Olivet-St Vincents Housing Development Fund Company Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $244k (17% of expenses). At year end it held assets of $362k against liabilities of $350k, net assets of $12k. It reported 2 employees.

Income and spending

$0$518k$1.0m$1.6m$2.1m2020 Income: $1,259,1332020 Spending: $1,432,26820202021 Income: $2,073,5802021 Spending: $1,301,79720212022 Income: $1,174,5302022 Spending: $1,119,37620222023 Income: $1,466,1272023 Spending: $1,454,0322023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.3%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
International Sangha Bhiksu Buddist AssociationTampa$1.5m
Place Dubourg IncNew Orleans$1.5m
Olivet-St Vincents Housing Development Fund Company IncStaten Island$1.5m
The North Carolina Public Television Foundation IncRTP$1.5m