St Louis Association of Community Organizations

Analysis

St Louis Association of Community Organizations is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 1979, 47 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 Association of Community Organizations reported income of $570k and spending of $573k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $289k to $570k (+97%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Louis Association of Community Organizations 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 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Elkton Area United Services ($570k), South Park Area Redevelopment Committee ($570k) and Knox Heritage Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $49k (8.6% of expenses). Other salaries and wages came to $54k. At year end it held assets of $127k against liabilities of $124k, net assets of $2,719. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.