Migrant Equity Southeast Inc
Analysis
Migrant Equity Southeast Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in September 2021, 5 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, Migrant Equity Southeast Inc reported income of $403k and spending of $310k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $412k to $403k (-2.1%), an average of -2.1% a year. Over the whole period it spent 60% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Migrant Equity Southeast 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 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Kfar Yeladim David ($403k), Ebenezer Ridge Point Apartments Inc ($403k) and Spirit Open Equestrian Program ($403k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (33% of expenses). Other salaries and wages came to $71k. At year end it held assets of $395k against liabilities of $7,142, net assets of $388k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kfar Yeladim David | Brooklyn | $403k |
| Ebenezer Ridge Point Apartments Inc | Edina | $403k |
| Spirit Open Equestrian Program | Herndon | $403k |
| Stoneybrook Foundation | Acme | $403k |