Meenakshi Foundation Incorporated

Analysis

Meenakshi Foundation Incorporated is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2024, Meenakshi Foundation Incorporated reported income of $59k and spending of $3,234, leaving 94% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income fell from $60k to $59k (-2.9%), an average of -2.9% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meenakshi Foundation Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include St Andrew Technical High School Alumni Assoc Ne Chapter Inc ($59k), Wild Cat Wrangler Parent Club ($59k) and Louisiana Nursery Landscape Foundation for Scholarship and Res ($59k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.