Meaning Foundation

Analysis

Meaning Foundation is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in September 2019, 7 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, Meaning Foundation reported income of $1.7m and spending of $672k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $757k to $1.7m (+118%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 1520%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meaning Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Alliance of Border Collabratives LLC ($1.7m), Monadnock Community Service Ctr ($1.7m) and Perry Center Inc ($1.7m).

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 $1.1m against liabilities of $0, net assets of $1.1m.