Mary U & Edwin E Meader Chamber Mus Ic Arts Charitable Irrv TR

Analysis

Mary U & Edwin E Meader Chamber Mus Ic Arts Charitable Irrv TR is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mary U & Edwin E Meader Chamber Mus Ic Arts Charitable Irrv TR reported income of $77k and spending of $125k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $77k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 134% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mary U & Edwin E Meader Chamber Mus Ic Arts Charitable Irrv TR sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Ocean Ridge Charities Association ($77k), Almanzo and Laura Ingalls Wilder Association ($77k) and Greater Bel Air Community Foundation Inc ($77k).

Compensation of current officers, directors and key employees was $18k (14% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.