Veiled Prophet Foundation

Analysis

Veiled Prophet Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Veiled Prophet Foundation reported income of $277k and spending of $247k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $137k to $277k (+102%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Veiled Prophet Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Main Street Murfreesboro-Rutherford County ($277k), Geneva Community Projects Inc ($278k) and Knights of Columbus Pro Lite Foundation of Nebraska Inc ($277k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 144% of the total. Other salaries and wages came to $78k. At year end it held assets of $839k against liabilities of $49k, net assets of $791k. It reported 2 employees.