The Tower Grove Park Foundation

Analysis

The Tower Grove Park Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 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 2023, The Tower Grove Park Foundation reported income of $3.5m and spending of $3.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.5m (+219%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 623%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Tower Grove Park Foundation sits at the 90th percentile: it is larger than about 90% 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 Community Health Center in Cowley County Inc ($3.5m), Community Legal Services of Prince Georges County Inc ($3.5m) and Habitat for Humanity International Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $13.3m against liabilities of $0, net assets of $13.3m.