Fund for Kipp St Louis

Analysis

Fund for Kipp St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fund for Kipp St Louis reported income of $6.8m and spending of $483k, leaving 93% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $6.8m (+232%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 2082%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fund for Kipp St Louis sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Fairfield County Foundation ($6.8m), Maricopa County Community College District Foundation ($6.8m) and Jewish Federation of Greater Hartford ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $17.6m against liabilities of $5.6m, net assets of $12.0m.