Mennomedia Inc

Analysis

Mennomedia Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in August 1953, 73 years ago. 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 June 2024, Mennomedia Inc reported income of $4.0m and spending of $3.2m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $4.0m (+55%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mennomedia Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Bishop Seabury Academy ($4.0m), Massachusetts Correctional Legal Services ($4.0m) and Catholic Charities Counseling and Adoption Services Inc ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $111k (3.5% of expenses). Other salaries and wages came to $926k. At year end it held assets of $2.2m against liabilities of $729k, net assets of $1.5m. It reported 20 employees.