Meorot Inc

Analysis

Meorot Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Meorot Inc reported income of $230k and spending of $274k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $119k to $230k (+93%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 287%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Meorot Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Christians for Impact USA Inc ($230k), My House Ministry ($230k) and Gospel Tracts International Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,525. At year end it held assets of $8,357 against liabilities of $0, net assets of $8,357.