Meshi Early Childhood Development Center

Analysis

Meshi Early Childhood Development Center is a registered charity in United States, based in Israel. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending December 2023, Meshi Early Childhood Development Center reported income of $12.0m and spending of $12.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $12.0m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meshi Early Childhood Development Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Phoenix Education Network Inc ($12.0m), Trinity Presbyterian School ($12.0m) and Entheos Academy ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $9.3m. At year end it held assets of $5.5m against liabilities of $5.2m, net assets of $281k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.