Meaningful Life USA Inc

Analysis

Meaningful Life USA Inc is a registered charity in United States, based in Pleasant GDN, NC. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Meaningful Life USA Inc reported income of $172k and spending of $177k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $172k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Meaningful Life USA Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include International Council for Education Reform and Development Inc ($172k), Unum International Inc ($172k) and World Access Project Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.