Support Innovations Inc

Analysis

Support Innovations Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Support Innovations Inc reported income of $2.8m and spending of $1.6m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.8m (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Support Innovations Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Turning Point Alcohol & Drug Education Program Inc ($2.8m), A Sense of Home ($2.8m) and Community Security Service ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $171k (11% of expenses). Other salaries and wages came to $894k. At year end it held assets of $4.0m against liabilities of $39k, net assets of $3.9m. It reported 28 employees.