Missouri Corporation for Science and Technology

Analysis

Missouri Corporation for Science and Technology is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 1986, 40 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 June 2024, Missouri Corporation for Science and Technology reported income of $26.7m and spending of $18.2m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $26.7m (+1947%), an average of +113% a year. The sharpest change came in the year to June 2021, when income rose by 455%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missouri Corporation for Science and Technology sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Wilbraham & Monson Academy ($26.7m), Seamens Society for Children and Families ($26.7m) and Yoakum Community Hospital ($26.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $168k (0.9% of expenses). Other salaries and wages came to $620k. At year end it held assets of $120.6m against liabilities of $13.1m, net assets of $107.5m. It reported 10 employees.