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Means Database Inc

RegisteredEIN 47-4262060Washington, DCPoverty relief
Income$102.3m2023-12
Spending$102.1msame year
Spent / received99%5-year average
Size in its cause100th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees16latest return

Analysis

Means Database Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Means Database Inc reported income of $102.3m and spending of $102.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $102.3m (+37467%), an average of +340% a year. The sharpest change came in the year to December 2023, when income rose by 9995%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Means Database Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Christian & Missionary Alliance Foundation Inc ($101.9m), Selfhelp Community Services Inc ($102.3m) and Harlem Childrens Zone Inc ($101.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (0.1% of expenses). Other salaries and wages came to $450k. At year end it held assets of $728k against liabilities of $80k, net assets of $648k. It reported 16 employees.

Income and spending

$0$25.6m$51.1m$76.7m$102.3m2019 Income: $272,2292019 Spending: $201,00620192020 Income: $4,746,0072020 Spending: $1,691,41520202021 Income: $395,5462021 Spending: $3,390,11820212022 Income: $1,013,0262022 Spending: $668,99020222023 Income: $102,268,6902023 Spending: $102,096,9882023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Christian & Missionary Alliance Foundation IncFort Myers$101.9m
Selfhelp Community Services IncNew York$102.3m
Harlem Childrens Zone IncNew York$101.8m
Adults and Children with Learning and Developmental Disabilities IncBethpage$102.7m