Loaves and Fishes for St Louis Inc

Analysis

Loaves and Fishes for St Louis Inc is a registered charity in United States, based in Maryland HTS, MO. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Loaves and Fishes for St Louis Inc reported income of $3.4m and spending of $3.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.4m (+108%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves and Fishes for St Louis Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Cumberland River Homes Inc ($3.4m), Mychals Learning Place ($3.4m) and Waves Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $100k (3.2% of expenses). Other salaries and wages came to $590k. At year end it held assets of $2.1m against liabilities of $595k, net assets of $1.5m. It reported 24 employees.