Meriama Fund

Analysis

Meriama Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Meriama Fund reported income of $325k and spending of $289k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $517 to $325k (+62676%), an average of +401% a year. The sharpest change came in the year to December 2020, when income rose by 51854%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meriama Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Caldwell-West Essex Kiwanis Foundation Inc ($325k), The Navigation Center ($325k) and Coalition on Positive Health Empowerment Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $900k against liabilities of $0, net assets of $900k.