Mephibosheth Farms Angelic Riders Inc

Analysis

Mephibosheth Farms Angelic Riders Inc is a registered charity in United States, based in Marshville, NC. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Mephibosheth Farms Angelic Riders Inc reported income of $119k and spending of $122k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $119k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mephibosheth Farms Angelic Riders Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include American Legion Colorado Boys State ($119k), Larchwood Betterment Club ($119k) and Matsui 55 Baseball Foundation Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.