Midatlantic Employers Association Management Development Institue

Analysis

Midatlantic Employers Association Management Development Institue is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midatlantic Employers Association Management Development Institue reported income of $459k and spending of $590k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $629k to $459k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midatlantic Employers Association Management Development Institue sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Post Oak Baseball Foundation ($459k), Briarcliff Nursery School ($459k) and Leadership Newark Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $70k against liabilities of $707k, net assets of -$637k.

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.