Characterplus

Analysis

Characterplus is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Characterplus reported income of $1.6m and spending of $1.1m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $282k to $1.6m (+478%), an average of +55% a year. The sharpest change came in the year to June 2020, when income rose by 135%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Characterplus sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Village School ($1.6m), Collaboration for Early Childhood Care and Education ($1.6m) and The Society of Neurological Surgeons Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 64% of the total. Other salaries and wages came to $728k. At year end it held assets of $2.7m against liabilities of $304k, net assets of $2.4m. It reported 14 employees.