Washington University Student Media Inc

Analysis

Washington University Student Media Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Washington University Student Media Inc reported income of $402k and spending of $405k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $298k to $402k (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington University Student Media Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Conference on Asian Pacific American Leadership ($402k), Pike Township Educational Foundation Inc ($402k) and Employment Services & Support Inc ($402k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 69% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.