Meridian Classical Center for Learning

Analysis

Meridian Classical Center for Learning is a registered charity in United States, based in Marion, MS. It received its IRS tax-exemption ruling in August 2019, 7 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 July 2024, Meridian Classical Center for Learning reported income of $236k and spending of $243k, spending 103% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $108k to $236k (+119%), an average of +22% a year. The sharpest change came in the year to July 2021, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meridian Classical Center for Learning sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within MS. Charities of a similar size with the same main cause include Missions International of America ($236k), Imagine America Foundation ($236k) and Gray Academy ($236k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $173k. At year end it held assets of $6,510 against liabilities of $1,236, net assets of $5,274. It reported 22 employees.

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.