Philanthropy Missouri

Analysis

Philanthropy Missouri is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Philanthropy Missouri reported income of $409k and spending of $479k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $409k (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Philanthropy Missouri sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include River Valley Charter School Foundation Inc ($409k), Bethel International Missions Center Inc ($409k) and Hope Springs Water ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $118k (25% of expenses). Other salaries and wages came to $180k. At year end it held assets of $532k against liabilities of $102k, net assets of $430k. It reported 5 employees.