A Meaningful Purpose is a 501(c)(3) organization based in Margate City, New Jersey, registered in 2020, with $2,064,413 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.1M
▼ 14.4% vs prior year
Animals median: $151K
Expenses (FY2024)
$2.0M
Net assets
$1.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Meaningful Purpose— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Meaningful Purpose: 9 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Meaningful Purpose— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Meaningful Purpose: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $712K (FY2020) to $2.1M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$19K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,064,413▼14.4% | $2,036,129▼6.6% | $1,461,815▲0.6% | $1,481,266▲0.4% | 990 |
| 2023 | $2,412,277▲48.6% | $2,180,025▲108% | $1,452,423▲7.0% | $1,475,701▲7.8% | 990 |
| 2022 | $1,623,849▲74.7% | $1,047,496▲41.4% | $1,357,147▲129% | $1,368,291▲130% | 990 |
| 2021 | $929,276▲30.4% | $741,025▲141% | $593,458▲46.5% | $594,195▲45.5% | 990 |
| 2020 | $712,480 | $307,273 | $405,207 | $408,483 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
18 grants to A Meaningful Purpose totaling $521K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Community & human services | 2024 | $50,000 |
| Impactassets Inc | General support | 2024 | $48,000 |
| Community Food Bank of New Jersey Inc | — | 2024 | $18,800 |
| Community Foundation of New Jersey | Agriculture, education or advocacy | 2024 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $64,000 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $53,100 |
| Ayco Charitable Foundation | Community & human services | 2023 | $50,000 |
| National Philanthropic Tr | Culture & arts | 2023 | $15,350 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $10,000 |
| Ayco Charitable Foundation | Community & human services | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,000 |
| National Philanthropic Tr | Environment, animals | 2022 | $7,500 |
| Philadelphia Foundation | General operating support | 2021 | $40,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,000 |
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Data for A Meaningful Purpose (EIN 84-3830363) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.