Greater St Louis Inc Foundation

Analysis

Greater St Louis Inc Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater St Louis Inc Foundation reported income of $9.4m and spending of $7.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $9.4m (+3456%), an average of +144% a year. The sharpest change came in the year to December 2021, when income rose by 468%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater St Louis Inc Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include The Columbus Partnership ($9.4m), Joint Apprenticeship and Training Trust Fund Local 103 Ibew ($9.4m) and Aspiration ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.6% of the total. At year end it held assets of $15.6m against liabilities of $3.0m, net assets of $12.6m.