Gateway Arch Park Foundation

Analysis

Gateway Arch Park Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Gateway Arch Park Foundation reported income of $2.7m and spending of $5.0m, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.1m to $2.7m (-62%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 484%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gateway Arch Park Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Cda Futbol Club ($2.7m), Deerfield Fair Association Inc ($2.7m) and Williamson County Select Volleyball Club ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $360k (7.1% of expenses). Other salaries and wages came to $738k. It paid $54k in professional fundraising fees. At year end it held assets of $107.8m against liabilities of $2.4m, net assets of $105.4m. It reported 14 employees.