Social media platforms play a key role in fostering the outreach of extremism by influencing the views, opinions, and perceptions of people. These platforms are increasingly exploited by extremist elements for spreading propaganda, radicalizing, and recruiting youth. Hence, research on extremism detection on social media platforms is essential to curb its influence and ill effects. A study of existing literature on extremism detection reveals that it is restricted to a specific ideology, binary classification with limited insights on extremism text, and manual data validation methods to check data quality. In existing research studies, researchers have used datasets limited to a single ideology. As a result, they face serious issues such as class imbalance, limited insights with class labels, and a lack of automated data validation methods. A major contribution of this work is a balanced extremism text dataset, versatile with multiple ideologies verified by robust data validation methods for classifying extremism text into popular extremism types such as propaganda, radicalization, and recruitment. The presented extremism text dataset is a generalization of multiple ideologies such as the standard ISIS dataset, GAB White Supremacist dataset, and recent Twitter tweets on ISIS and white supremacist ideology. The dataset is analyzed to extract features for the three focused classes in extremism with TF-IDF unigram, bigrams, and trigrams features. Additionally, pretrained word2vec features are used for semantic analysis. The extracted features in the proposed dataset are evaluated using machine learning classification algorithms such as multinomial Naïve Bayes, support vector machine, random forest, and XGBoost algorithms. The best results were achieved by support vector machine using the TF-IDF unigram model confirming 0.67 F1 score. The proposed multi-ideology and multiclass dataset shows comparable performance to the existing datasets limited to single ideology and binary labels.