Charles Meadow Corporation

Analysis

Charles Meadow Corporation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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, Charles Meadow Corporation reported income of $327k and spending of $351k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $327k (+10%), an average of +2.5% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charles Meadow Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include St Croix Kids Early Childhood Center ($327k), McLaughlin Dance Collective ($327k) and Pennsylvania Acacia Insurance Company Ltd ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $566k against liabilities of $125k, net assets of $441k.

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.