Meet The Needs Charleston
EIN: 472703106 · Mt Pleasant, SC · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $848K |
| Net Assets | $106K |
Is Meet The Needs Charleston Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Meet The Needs Charleston
Meet The Needs Charleston (EIN: 472703106) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code K30. The organization reported total revenue of $1.1M and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meet The Needs Charleston's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meet The Needs Charleston is a mid-size nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 40.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $902K |
| Total Expenses | $848K |
| Surplus / Deficit | +$54K |
| Total Assets | $108K |
| Total Liabilities | $2K |
| Net Assets | $106K |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 1.5 months |
Financial Health Grade: A
In 2023, Meet The Needs Charleston reported a surplus of $54K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Meet The Needs Charleston's revenue has grown at a compound annual growth rate (CAGR) of 40.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | -0.2% | +106.6% |
| 2022 | +182.0% | +103.2% | +69.8% |
| 2021 | -62.7% | -40.9% | -78.4% |
| 2020 | +67.3% | +40.0% | +659.0% |
| 2019 | +20.3% | +28.0% | -34.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Meet The Needs Charleston has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Meet The Needs Charleston with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Meet The Needs Charleston
Is Meet The Needs Charleston a legitimate charity?
Meet The Needs Charleston (EIN: 472703106) is a registered tax-exempt nonprofit based in South Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Meet The Needs Charleston spend its money?
Meet The Needs Charleston reported $1.1M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Meet The Needs Charleston tax-deductible?
Meet The Needs Charleston is registered as a tax-exempt nonprofit (EIN: 472703106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Meet The Needs Charleston located?
Meet The Needs Charleston is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 472703106. It is classified under NTEE code K30.
How many years of IRS 990 filings does Meet The Needs Charleston have?
Meet The Needs Charleston has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Meet The Needs Charleston showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Meet The Needs Charleston's revenue has grown by 977.7%, moving from $84K to $902K. Total assets increased by 495.4% over the same period, from $18K to $108K. Total functional expenses rose by 1059.2%, from $73K to $848K. In its most recent filing year (2023), Meet The Needs Charleston reported a surplus of $54K, with revenue exceeding expenses. The organization holds $2K in liabilities against $108K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $902K | $848K | $108K | $2K | — | View 990 |
| 2022 | $871K | $849K | $52K | $0 | — | View 990 |
| 2021 | $309K | $418K | $31K | $0 | — | — |
| 2020 | $828K | $707K | $143K | $0 | — | View 990 |
| 2019 | $495K | $505K | $19K | $0 | — | View 990 |
| 2018 | $412K | $394K | $29K | $0 | — | View 990 |
| 2017 | $326K | $332K | $11K | $0 | — | View 990 |
| 2016 | $84K | $73K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $902K, expenses of $848K, and assets of $108K (revenue +3.6% year-over-year).
- 2022: Revenue of $871K, expenses of $849K, and assets of $52K (revenue +182.0% year-over-year).
- 2021: Revenue of $309K, expenses of $418K, and assets of $31K (revenue -62.7% year-over-year).
- 2020: Revenue of $828K, expenses of $707K, and assets of $143K (revenue +67.3% year-over-year).
- 2019: Revenue of $495K, expenses of $505K, and assets of $19K (revenue +20.3% year-over-year).
- 2018: Revenue of $412K, expenses of $394K, and assets of $29K (revenue +26.4% year-over-year).
- 2017: Revenue of $326K, expenses of $332K, and assets of $11K (revenue +289.4% year-over-year).
- 2016: Revenue of $84K, expenses of $73K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meet The Needs Charleston:
Data Sources and Methodology
This transparency report for Meet The Needs Charleston is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.