St Louis Med Tech

Analysis

St Louis Med Tech is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2017, 9 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 2023, St Louis Med Tech reported income of $272k and spending of $224k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $167k to $272k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Louis Med Tech sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Illinois Womens Froum ($272k), Appomattox Christian Academy ($272k) and Being Built Together ($272k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 60% of the total. Other salaries and wages came to $20k. At year end it held assets of $210k against liabilities of $191k, net assets of $18k.