Wespine Study Center Inc

Analysis

Wespine Study Center Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Wespine Study Center Inc reported income of $463k and spending of $430k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $634k to $463k (-27%), an average of -6.1% a year. The sharpest change came in the year to December 2019, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wespine Study Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Gospel of Christ Inc ($463k), Union Foundation US ($463k) and Emet Leyaakob Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $33k (7.6% of expenses). Other salaries and wages came to $51k. At year end it held assets of $417k against liabilities of $0, net assets of $417k. It reported 10 employees.