St Louis Modern Chinese School

Analysis

St Louis Modern Chinese School is a registered charity in United States, based in Richmond HTS, MO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, St Louis Modern Chinese School reported income of $338k and spending of $344k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $553k to $338k (-39%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Louis Modern Chinese School sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Austin Christian Vacational Academy Inc ($338k), Washington Central Friends of Education Inc ($338k) and Varsity W Club Inc ($337k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $756 (0.2% of expenses). At year end it held assets of $2.1m against liabilities of $616k, net assets of $1.4m.