City Hope St Louis

Analysis

City Hope St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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 December 2023, City Hope St Louis reported income of $647k and spending of $1.1m, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $647k (+426%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 1355%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City Hope St Louis sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Open Door Libraries ($647k), Womens Round Lake Impovement Society TR ($647k) and Atlanta Contemporary Chinese Academy Corporation ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $254k (22% of expenses). Other salaries and wages came to $514k. At year end it held assets of $670k against liabilities of $759k, net assets of -$89k. It reported 42 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.