St Louis Altenheim

Analysis

St Louis Altenheim is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in August 1940, 86 years ago. 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, St Louis Altenheim reported income of $244k and spending of $48k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $244k (-94%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Louis Altenheim sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Illinois Congress of Parents Teachers ($244k), Reading Scholarship Foundation Inc ($244k) and Escambia County Sheriff Foundation Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 23% of the total. At year end it held assets of $4.4m against liabilities of $1,002, net assets of $4.4m.