Meantime Coffee Company

Analysis

Meantime Coffee Company is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Meantime Coffee Company reported income of $390k and spending of $334k, spending 86% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $214k to $390k (+82%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 1845%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meantime Coffee Company sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Brookwood Band Association Inc ($390k), St Coletta of Wisconsin Charitable Foundation Inc ($390k) and National Association of Landscape Professionals Foundation I Inc ($390k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $131k. At year end it held assets of $125k against liabilities of $161, net assets of $125k. It reported 46 employees.