Meachum School of Haymanot

Analysis

Meachum School of Haymanot is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Meachum School of Haymanot reported income of $79k and spending of $51k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $79k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meachum School of Haymanot sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MO. Charities of a similar size with the same main cause include Independent School of Thought ($79k), Martin Luther King Jr Celebration Committee Inc ($79k) and Ace Mentor Program of America Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.