Tax Credit Benevolent Association
EIN: 812453341 · Saint Louis, MO · NTEE: T02
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $6K |
| Net Assets | $2.5M |
Is Tax Credit Benevolent Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tax Credit Benevolent Association
Tax Credit Benevolent Association (EIN: 812453341) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code T02. The organization reported total revenue of $2.1M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tax Credit Benevolent Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tax Credit Benevolent Association is a mid-size nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 52.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $6K |
| Surplus / Deficit | +$1.3M |
| Total Assets | $2.5M |
| Net Assets | $2.5M |
| Operating Margin | 99.5% |
| Months of Reserves | 5144.9 months |
Financial Health Grade: A
In 2023, Tax Credit Benevolent Association reported a surplus of $1.3M with revenue exceeding expenses, holds 5144.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Tax Credit Benevolent Association's revenue has grown at a compound annual growth rate (CAGR) of 52.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.0% | -14.6% | +101.8% |
| 2022 | +29.0% | +2381.0% | +127.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tax Credit Benevolent Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tax Credit Benevolent Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
Frequently Asked Questions about Tax Credit Benevolent Association
Is Tax Credit Benevolent Association a legitimate charity?
Tax Credit Benevolent Association (EIN: 812453341) is a registered tax-exempt nonprofit based in Missouri. It has 3 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Tax Credit Benevolent Association spend its money?
Tax Credit Benevolent Association reported $2.1M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tax Credit Benevolent Association tax-deductible?
Tax Credit Benevolent Association is registered as a tax-exempt nonprofit (EIN: 812453341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tax Credit Benevolent Association located?
Tax Credit Benevolent Association is headquartered in Saint Louis, Missouri and files with the IRS under EIN 812453341. It is classified under NTEE code T02.
How many years of IRS 990 filings does Tax Credit Benevolent Association have?
Tax Credit Benevolent Association has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.1M in total revenue.
Filing History
IRS 990 filing history for Tax Credit Benevolent Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Tax Credit Benevolent Association's revenue has grown by 133.5%, moving from $550K to $1.3M. Total assets increased by 358.1% over the same period, from $553K to $2.5M. Total functional expenses rose by 2018.6%, from $279 to $6K. In its most recent filing year (2023), Tax Credit Benevolent Association reported a surplus of $1.3M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $6K | $2.5M | $0 | — | — |
| 2022 | $710K | $7K | $1.3M | $0 | — | View 990 |
| 2021 | $550K | $279 | $553K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $6K, and assets of $2.5M (revenue +81.0% year-over-year).
- 2022: Revenue of $710K, expenses of $7K, and assets of $1.3M (revenue +29.0% year-over-year).
- 2021: Revenue of $550K, expenses of $279, and assets of $553K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tax Credit Benevolent Association:
Data Sources and Methodology
This transparency report for Tax Credit Benevolent Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.