Soulard Education Center Inc

Analysis

Soulard Education Center Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Soulard Education Center Inc reported income of $764k and spending of $802k, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $759k to $764k (+0.6%), an average of +0.3% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soulard Education Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Streator Child Development Center ($764k), Families to Freedom Inc ($764k) and South Central Community Services Inc ($764k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $59k (7.4% of expenses). Other salaries and wages came to $349k. At year end it held assets of $274k against liabilities of $118k, net assets of $157k. It reported 30 employees.