Friends of Meali International Inc

Analysis

Friends of Meali International Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in April 2009, 17 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 June 2023, Friends of Meali International Inc reported income of $743k and spending of $553k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $324k to $743k (+129%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Meali International Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include The Beech Hill School ($742k), Home Health Aide Training Institute Inc ($743k) and Heritage Christian Academy Inc ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.