Power 4 STL Inc

Analysis

Power 4 STL Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2020, 6 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 December 2023, Power 4 STL Inc reported income of $2.4m and spending of $2.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $2.4m (+3931%), an average of +152% a year. The sharpest change came in the year to December 2020, when income rose by 326%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Power 4 STL Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Rosenberg Richmond Helping Hands Inc ($2.4m), Idaho Rural Water Association ($2.4m) and El Pajaro Community Development Corporation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $622k against liabilities of $482k, net assets of $140k. It reported 31 employees.