Meta House Inc

Analysis

Meta House Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1964, 62 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, Meta House Inc reported income of $10.3m and spending of $12.6m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $10.3m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meta House Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Community Housing Improvement Program Incorporated ($10.3m), Alliance for Childrens Rights ($10.3m) and Community Revitalization and Reservation Corporation ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $368k (2.9% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $7.1m against liabilities of $1.5m, net assets of $5.5m. It reported 141 employees.