Veterans Research and Education Foundation of St Louis

Analysis

Veterans Research and Education Foundation of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Veterans Research and Education Foundation of St Louis reported income of $1.9m and spending of $2.3m, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $1.9m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Research and Education Foundation of St Louis sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Legal Aid Works ($1.9m), Boy Scouts of America ($1.9m) and Bristol Fire Department Corp ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $161k (7.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.7m against liabilities of $720k, net assets of $1.0m. It reported 24 employees.