St Louis Childrens Choirs

Analysis

St Louis Childrens Choirs is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 August 2023, St Louis Childrens Choirs reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.3m to $1.1m (-16%), an average of -4.2% a year. The sharpest change came in the year to August 2020, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Louis Childrens Choirs sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Santa Cruz Lesbian and Gay Community Center ($1.1m), Council on Aging of Elkhart County Inc ($1.1m) and Someone Cares Soup Kitchen ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $194k (18% of expenses). Other salaries and wages came to $381k. At year end it held assets of $1.1m against liabilities of $283k, net assets of $834k. It reported 32 employees.