St Louis Endowment Fund Inc

Analysis

St Louis Endowment Fund Inc is a registered charity in United States, based in Webster, MA. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, St Louis Endowment Fund Inc reported income of $202k and spending of $745k, spending 369% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $217k to $202k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 251% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Louis Endowment Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Fort Myers Rotary 05202010 TR Fund ($202k), BVM Foundation 083115 ($202k) and Graduate Medical Education Consortium of Southwest Virginia ($202k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.

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.