Met Ed Co

Analysis

Met Ed Co is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Met Ed Co reported income of $441k and spending of $441k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $948k to $441k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Met Ed Co sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Prairie Trail Federation Inc ($441k), Diaper Train Inc ($441k) and Raisinghope Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $168k against liabilities of $161k, net assets of $7,269.