Wednesday Club of St Louis

Analysis

Wednesday Club of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1927, 99 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 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 June 2023, Wednesday Club of St Louis reported income of $328k and spending of $301k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $276k to $328k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wednesday Club of St Louis sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Mount Desert 365 ($328k), Kirkland Community Foundation ($328k) and Northend Rise Inc ($328k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $41k. At year end it held assets of $1.6m against liabilities of $126k, net assets of $1.5m. It reported 3 employees.