Variety the Childrens Charity of St Louis

Analysis

Variety the Childrens Charity of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Variety the Childrens Charity of St Louis reported income of $3.2m and spending of $3.8m, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.8m to $3.2m (-33%), an average of -9.6% a year. The sharpest change came in the year to September 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Variety the Childrens Charity of St Louis sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Young Mens Christian Association ($3.2m), Paramount Arts Center Inc ($3.2m) and Alzheimers Disease Resource Agency of Alaska Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $374k (9.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $8.0m against liabilities of $648k, net assets of $7.4m. It reported 133 employees.