Family Meridian Ltd

Analysis

Family Meridian Ltd is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Family Meridian Ltd reported income of $225k and spending of $36k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $296k to $225k (-24%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Meridian Ltd sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include American Friends of Halichot Haaretz ($225k), International Coalition of Apotles Inc ($225k) and Renew Polk Inc ($225k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4,700. At year end it held assets of $202k against liabilities of $957, net assets of $201k.