Meodh Inc

Analysis

Meodh Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Meodh Inc reported income of $316k and spending of $288k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $828k to $316k (-62%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meodh Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within DE. Charities of a similar size with the same main cause include Roundup Riders of the Rockies Heritage and Trails Foundation Inc ($316k), Ayer Community School Inc ($316k) and American Society for Theatre Research ($316k).

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 $42k. At year end it held assets of $972k against liabilities of $0, net assets of $972k. It reported 2 employees.