Parsons Blewett Memorial Fund

Analysis

Parsons Blewett Memorial Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parsons Blewett Memorial Fund reported income of $2.4m and spending of $3.7m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $2.4m (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parsons Blewett Memorial Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Flint Hills Christian School Inc ($2.4m), Tech Corps ($2.4m) and Arise Educational Center ($2.4m).

Compensation of current officers, directors and key employees was $170k (4.6% of expenses). Other salaries and wages came to $156k. At year end it held assets of $69.8m against liabilities of $2,069, net assets of $69.8m. It reported 3 employees.