Meeting Professionals International

Analysis

Meeting Professionals International is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in April 1981, 45 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 June 2023, Meeting Professionals International reported income of $51k and spending of $51k, spending 101% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $46k to $51k (+12%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meeting Professionals International sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include American Chemical Society ($51k), American Society of Heating Refrigerating & A-C Engineers ($51k) and Tehama County Community Concert Association Inc ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 75% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.

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.