Meigs County Ministries

Analysis

Meigs County Ministries is a registered charity in United States, based in Decatur, TN. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Meigs County Ministries reported income of $153k and spending of $125k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $153k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meigs County Ministries sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within TN. Charities of a similar size with the same main cause include Feeding Area Children Together ($153k), Oaklawn Harmony Centre Inc ($153k) and Alderson Hospitality House Land Trust Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. At year end it held assets of $310k against liabilities of $112, net assets of $310k.