Meetinghouse Church Foundation

Analysis

Meetinghouse Church Foundation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in June 1973, 53 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Meetinghouse Church Foundation reported income of $427k and spending of $899k, spending 210% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $427k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 158% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meetinghouse Church Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Franklin Furnace Archive Inc ($427k), Christian International Network of Church Inc ($427k) and Save Our Children Inc ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.