Anna K Meredith Endowment Trust

Analysis

Anna K Meredith Endowment Trust is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Anna K Meredith Endowment Trust reported income of $1.6m and spending of $2.3m, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.6m (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 2896%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Anna K Meredith Endowment Trust sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Mancos Common Press Inc ($1.6m), Four Rivers Cultural Center and Museum ($1.6m) and Phipps Center for the Arts Inc ($1.6m).

At year end it held assets of $55.1m against liabilities of $0, net assets of $55.1m.