Meeting Professionals International

Analysis

Meeting Professionals International is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in May 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 2023, Meeting Professionals International reported income of $80k and spending of $66k, spending 82% of its income. Across the 5 years on record, from June 2020 to December 2023, income fell from $239k to $80k (-66%), an average of -24% a year. The sharpest change came in the year to June 2021, when income dropped by 50%. Over the whole period it spent 117% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Kosciusko Development Land Trust Inc ($80k), Friends of Bastrop Main St Inc ($80k) and Kiwanis Foundation of Roanoke ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.