Meeting Street

Analysis

Meeting Street is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in July 1949, 77 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2024, Meeting Street reported income of $24.1m and spending of $22.4m, spending 93% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $20.1m to $24.1m (+20%), an average of +4.6% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meeting Street sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within RI. Charities of a similar size with the same main cause include Umass Memorial Health Care Inc ($24.1m), Baptist Memorial Hospital Booneville Inc ($24.1m) and Outreach Community Health Centers Inc ($24.1m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 26% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $1.4m (6.3% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $86.0m against liabilities of $40.1m, net assets of $45.9m. It reported 269 employees.