St Louis Life

Analysis

St Louis Life is a registered charity in United States, based in O Fallon, MO. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Louis Life reported income of $1.2m and spending of $1.4m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $983k to $1.2m (+19%), an average of +4.5% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Louis Life sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Gates Gardens Housing Development Fund Company Inc ($1.2m), Partnership in Housing Inc ($1.2m) and Sonoma Overnight Support Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $162k (11% of expenses). Other salaries and wages came to $576k. At year end it held assets of $4.2m against liabilities of $14k, net assets of $4.2m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.