Meadowood Gardens Inc

Analysis

Meadowood Gardens Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Meadowood Gardens Inc reported income of $75k and spending of $103k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $76k to $75k (-1.8%), an average of -0.5% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Meadowood Gardens Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AR. Charities of a similar size with the same main cause include Crestview Senior Housing Inc ($75k), Family Services of Western Pennsylvania ($75k) and Under His Wings Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $500k against liabilities of $105k, net assets of $395k.

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.