Meher Fund Inc

Analysis

Meher Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1986, 40 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 December 2023, Meher Fund Inc reported income of $263k and spending of $264k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $263k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meher Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include New Rochelle Lightning Hockey Inc ($263k), Essex County Trail Association Inc ($263k) and Cyo of Greater Dayton ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.