Progress Mo Education Fund

Analysis

Progress Mo Education Fund is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Progress Mo Education Fund reported income of $409k and spending of $149k, leaving 64% of income unspent that year. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Progress Mo Education Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Transform Capital ($409k), Johnston Partnership for a Healthy Community Inc ($409k) and Community Improvement Corporation of Shelby Ohio ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (35% of expenses). Other salaries and wages came to $90k. At year end it held assets of $354k against liabilities of $93k, net assets of $260k.