Meher Schools
Analysis
Meher Schools is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Meher Schools reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $4.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Meher Schools sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Global Academy Inc ($4.1m), Enormous Changes Inc ($4.1m) and Community Therapeutic Day School Inc ($4.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $65k (1.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.9m against liabilities of $427k, net assets of $1.5m. It reported 101 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.0%
- Program services 98%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Global Academy Inc | Clovis | $4.1m |
| Enormous Changes Inc | San Francisco | $4.1m |
| Community Therapeutic Day School Inc | Lexington | $4.1m |
| Nonprofit New School of Northern Virginia Inc | Fairfax | $4.1m |