St Louis Association of Credit Management

Analysis

St Louis Association of Credit Management is a registered charity in United States, based in Hoffman Est, IL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, St Louis Association of Credit Management reported income of $124k and spending of $106k, spending 86% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $154k to $124k (-20%), an average of -4.4% a year. The sharpest change came in the year to March 2021, when income dropped by 26%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Louis Association of Credit Management sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Greater Cincinnati Construction Foundation Inc ($124k), Madison Education Foundation Inc ($124k) and Saratoga Parent Nursery School ($124k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $8,440. At year end it held assets of $1.0m against liabilities of $1.7m, net assets of -$693k.