Gifted Resource Council
Analysis
Gifted Resource Council is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gifted Resource Council reported income of $387k and spending of $291k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $279k to $387k (+39%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Gifted Resource Council sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Las Floristas Inc ($387k), American Association of Hispanics in Higher Education Inc ($387k) and Culver City High School Boosters Inc ($387k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $80k (27% of expenses). Other salaries and wages came to $124k. At year end it held assets of $215k against liabilities of $0, net assets of $215k. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Las Floristas Inc | Northridge | $387k |
| American Association of Hispanics in Higher Education Inc | Ft Lauderdale | $387k |
| Culver City High School Boosters Inc | Culver City | $387k |
| Wakeland High School Band Boosters | Frisco | $387k |