Irish Meadows Inc

Analysis

Irish Meadows Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Irish Meadows Inc reported income of $60k and spending of $91k, spending 151% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $66k to $60k (-9.2%), an average of -3.2% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Irish Meadows Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Rainbow Festival Inc ($60k), Miracle Mile Rockford Corporation ($60k) and Westmoreland Wheelhouse Inc ($60k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $390k against liabilities of $566k, net assets of -$176k.

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.