Meridian Area Senior Citizens Association

Analysis

Meridian Area Senior Citizens Association is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in October 1979, 47 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, Meridian Area Senior Citizens Association reported income of $472k and spending of $607k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $472k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 139% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meridian Area Senior Citizens Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within ID. Charities of a similar size with the same main cause include Downtown Napa Farmers Market Corporation ($472k), Tule Basin Water Foundation ($473k) and RPH West Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $86k (14% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.0m against liabilities of $15k, net assets of $2.0m. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.