Meridian Medical Arts Charter High
Analysis
Meridian Medical Arts Charter High is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Meridian Medical Arts Charter High reported income of $2.6m and spending of $2.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.6m (+20%), an average of +4.7% a year. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Meridian Medical Arts Charter High sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Project Destined Inc ($2.6m), Constellation Schools Stockyard Community Elementary ($2.6m) and Newroot Learning Institute ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $142k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.0m against liabilities of $1.7m, net assets of $1.3m. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Destined Inc | Washington | $2.6m |
| Constellation Schools Stockyard Community Elementary | Parma | $2.6m |
| Newroot Learning Institute | Chicago | $2.6m |
| Great Expectations Academy Inc | Sahuarita | $2.6m |