Ameaningoflife Org Inc

Analysis

Ameaningoflife Org Inc is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ameaningoflife Org Inc reported income of $122k and spending of $122k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $122k (+1104%), an average of +1104% a year. The sharpest change came in the year to December 2023, when income rose by 1104%. Over the whole period it spent 159% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ameaningoflife Org Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Bullion Plaza Cultural Center & Museum ($122k), The Holland Community Theatre ($122k) and Queen City Ballet Company ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.