Mayors Charity Ball Inc

Analysis

Mayors Charity Ball Inc is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Mayors Charity Ball Inc reported income of $90k and spending of $83k, spending 92% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $79k to $90k (+14%), an average of +2.7% a year. The sharpest change came in the year to April 2022, when income dropped by 851%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mayors Charity Ball Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MO. Charities of a similar size with the same main cause include Thomasville Cultural Center Endowment Trust ($90k), Friends of the Mount Shasta Avalanche Center ($90k) and Clymer Township Volunteer Hose Company ($90k).

At year end it held assets of $111k against liabilities of $0, net assets of $111k.