Mecked

Analysis

Mecked is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mecked reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $853k to $1.1m (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mecked sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include The Promises Foundation ($1.1m), Eastern Shore Community College Foundation ($1.1m) and Arabian World Partnership ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $96k (9.0% of expenses). Other salaries and wages came to $339k. At year end it held assets of $149k against liabilities of $143k, net assets of $5,554. It reported 59 employees.