Meeting Professionals International Foundation

Analysis

Meeting Professionals International Foundation is a registered charity in United States, based in Dallas, TX. 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 (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, Meeting Professionals International Foundation reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.3m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 95% 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 Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Charlotte Electrical Joint Apprenticeship & Training Committ ($1.3m), Educational Programs Inspiring Communities Inc ($1.3m) and Black Brand ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $245k (22% of expenses). Other salaries and wages came to $75k. At year end it held assets of $5.3m against liabilities of $2.4m, net assets of $3.0m. It reported 2 employees.