St Louis Health Equipment Lending Program

Analysis

St Louis Health Equipment Lending Program is a registered charity in United States, based in Maryland HTS, MO. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, St Louis Health Equipment Lending Program reported income of $356k and spending of $388k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $356k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 374%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Louis Health Equipment Lending Program sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Houston Business Coalition on Health ($356k), Abundant Life Pregnancy Resource Center Inc ($356k) and Crisis Pregnancy Center of Northern California ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $91k (23% of expenses). Other salaries and wages came to $114k. At year end it held assets of $404k against liabilities of $4,601, net assets of $399k. It reported 9 employees.

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.