Midtown Neighborhood Opportunities Corporation

Analysis

Midtown Neighborhood Opportunities Corporation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Midtown Neighborhood Opportunities Corporation reported income of $573k and spending of $608k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $573k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Midtown Neighborhood Opportunities Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Miss Amazing Inc ($573k), Institute Genesis Elc Inc ($573k) and Girls on the Run Northeast Ohio ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $62k (10% of expenses). Other salaries and wages came to $266k. At year end it held assets of $681k against liabilities of $0, net assets of $681k. It reported 18 employees.