Meridian Public School Foundation

Analysis

Meridian Public School Foundation is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Meridian Public School Foundation reported income of $103k and spending of $139k, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $169k to $103k (-39%), an average of -12% a year. The sharpest change came in the year to August 2023, when income dropped by 48%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meridian Public School Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Louisa May Alcott Ptsa ($103k), Geneva Lake Arts Foundation Inc ($103k) and Synergy Missions Solutions Network ($103k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $1.3m against liabilities of $47k, net assets of $1.2m.