Engineering Foundation of St Louis

Analysis

Engineering Foundation of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 1979, 47 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 May 2023, Engineering Foundation of St Louis reported income of $79k and spending of $101k, spending 127% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $102k to $79k (-23%), an average of -6.2% a year. The sharpest change came in the year to May 2022, when income rose by 78%. Over the whole period it spent 181% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Engineering Foundation of St Louis sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include Pemberbville-Freedom Area Historical Society ($79k), Columbia Youth Soccer Association Inc ($79k) and St Marys School Trust Fund ($79k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 58% and program service revenue 22% of the total. At year end it held assets of $573k against liabilities of $181, net assets of $573k.

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.