Meade Association for Remarkable Citizens Inc

Analysis

Meade Association for Remarkable Citizens Inc is a registered charity in United States, based in Brandenburg, KY. It received its IRS tax-exemption ruling in March 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Meade Association for Remarkable Citizens Inc reported income of $588k and spending of $324k, leaving 45% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $339k to $588k (+74%), an average of +15% a year. The sharpest change came in the year to May 2024, when income rose by 112%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meade Association for Remarkable Citizens Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Metropolitan Multicultural School ($588k), KS Precious Care Learning Center Inc ($589k) and Darul Marifah Foundation ($588k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 87% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $2,856 (0.9% of expenses). Other salaries and wages came to $195k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 9 employees.