A Million Stars Inc

Analysis

A Million Stars Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2023, A Million Stars Inc reported income of $2.3m and spending of $2.9m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.3m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, A Million Stars Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include 180zone Inc ($2.3m), Santa Clarita Valley Boys and Girls Club ($2.3m) and Lucy Outreach a New Jersey Nonprofit Corporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $112k (3.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.6m against liabilities of $85k, net assets of $5.6m. It reported 56 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.