Applied Scholastics International

Analysis

Applied Scholastics International is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Applied Scholastics International reported income of $2.4m and spending of $2.8m, spending 115% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $3.2m to $2.4m (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Applied Scholastics International sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Ingenuity Project Inc ($2.4m), American Brownstone Institute ($2.4m) and Nexus Academy of Cleveland ($2.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $121k (4.3% of expenses). Other salaries and wages came to $638k. At year end it held assets of $673k against liabilities of $486k, net assets of $187k. It reported 26 employees.