Meeting Professionals International

Analysis

Meeting Professionals International is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Meeting Professionals International reported income of $12.9m and spending of $12.6m, spending 98% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $17.0m to $12.9m (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Meeting Professionals International sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Shackelford County Community Resource Center ($12.9m), Beacon Interfaith Housing Collaborative ($12.9m) and Mercy Flight Central Inc ($12.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.9m (15% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $9.2m against liabilities of $9.2m, net assets of $41k. It reported 60 employees.