Addium-Meter Foundation

Analysis

Addium-Meter Foundation is a registered charity in United States, based in Pullman, WA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Addium-Meter Foundation reported income of $138k and spending of $139k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $138k (-13%), an average of -13% a year. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Addium-Meter Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within WA. Charities of a similar size with the same main cause include Light in Darkness Ministries ($138k), Lancaster Rotary Club Charities Inc ($138k) and Hands for Haiti ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.