Operation Pocket Change of Mec Inc

Analysis

Operation Pocket Change of Mec Inc is a registered charity in United States, based in Mountain City, TN. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Operation Pocket Change of Mec Inc reported income of $135k and spending of $128k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $139k to $135k (-3.2%), an average of -0.8% a year. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Operation Pocket Change of Mec Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Dedman Dietz Family Foundation ($135k), LA Vista Community Foundation Corp ($135k) and Get Wet for a Vet ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.