Greater East St Louis Community Fund Inc

Analysis

Greater East St Louis Community Fund Inc is a registered charity in United States, based in E Saint Louis, IL. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater East St Louis Community Fund Inc reported income of $55k and spending of $139k, spending 252% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $55k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater East St Louis Community Fund Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Junior League of Cincinnati Endowment Trust Fund ($55k), Gente de Venezuela ($55k) and Asian Business Collaborative Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% of the total. Compensation of current officers, directors and key employees was $45k (32% of expenses). At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 1 employees.