Meridian-Kessler Neighborhood Association Inc

Analysis

Meridian-Kessler Neighborhood Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1971, 55 years ago. 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, Meridian-Kessler Neighborhood Association Inc reported income of $175k and spending of $134k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $175k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meridian-Kessler Neighborhood Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Shekinah Ministries Incorporated ($175k), Washington Interscholastic Activities Association ($175k) and Rincon Indian Education Center Inc ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $16k. At year end it held assets of $180k against liabilities of $1,923, net assets of $178k. It reported 1 employees.