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Meeting Street Schools

Charleston, SC · EIN 20-4587841 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Meeting Street Schools reported $46.8 million in revenue and $53.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $96.30 went to program services, $3.59 to management and general costs and $0.11 to fundraising. Its largest source of revenue was contributions and grants: 73.1% of the total. Government grants made up 60.0%. The highest compensation it reported for one person was $327,352 (FOUNDING PRINCIPAL). 17 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $53M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $47M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
96.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
3.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
73.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
60.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$327,352$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.62%1.28%
People paid over $100,000
Part VII, line 2
178
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
69.913.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$41M expenses · 81.2% of program spending · revenue $282K

Pre-k3-8th grade instruction: meeting streets school operates four schools serving about 1,700 students across charleston and spartanburg, sc. The network was founded in 2008 to give hard-working students the opportunity to receive an education that will transform their lives. Meeting Street Schools is known for its commitment to excellence and high expectations. Meeting Street Schools' model is centered on rigorous instruction beginning with a full-day program for 3-year-olds and continuing through eighth grade. Schools also emphasize strong family partnerships. Thanks to the generosity of…

$5.6M expenses · 11.0% of program spending · grants $5.6M

Philanthropic investments: meeting streets schools makes strategic investments in projects and causes that further its mission. The largest of these commitments is the Meeting Street scholarship fund, which provides up to $40,000 for college that can be used for tuition, fees, housing or food. In 2024-25, this helped make college dreams a reality for more than 300 high-achieving students with demonstrated financial need. The scholarship is available to students who: graduate from a charleston county public high school; demonstrate financial need and academic achievement; and enroll in one of…

$4.0M expenses · 7.8% of program spending · grants $1.8M

Excellence in teaching awards: the excellence in teaching awards recognizes teachers who make a meaningful impact on the academic achievement of students in schools. The awards are philanthropically funded in Meeting Street Schools and charleston county, and they are provided on top of teachers' base salaries. During the 2024-25 school year, more than 500 teachers earned a total of $3.9 million in awards - $1.8 million in charleston county schools and $2.1 million in Meeting Street Schools. Support for this innovative compensation model is growing across south carolina, with an additional 13…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FOUNDING PRINCIPAL
Key employee, 40.00 hrs/week
$322,173$0$5,179$327,352
PRINCIPAL
Key employee, 40.00 hrs/week
$187,161$0$30,402$217,563
CHIEF FINANCIAL & DATA OFFICER
Officer, 40.00 hrs/week
$190,454$0$14,580$205,034
EXECUTIVE DIRECTOR
Key employee, 40.00 hrs/week
$169,902$0$9,176$179,078
PRINCIPAL
Key employee, 40.00 hrs/week
$158,610$0$19,651$178,261
SENIOR DIRECTOR OF LITERACY
Highest compensated employee, 40.00 hrs/week
$161,383$0$13,635$175,018
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$158,854$0$5,596$164,450
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$138,838$0$19,995$158,833

17 people received more than $100,000 in reportable compensation from Meeting Street Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$47M$53M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$47M$53M96.3%$309M$327,352
FY2024 ⓘ$47M$48M96.6%$305M$239,324
FY2023 ⓘ$41M$41M96.2%$293M$218,000
FY2022 ⓘ$294M$36M96.5%$287M$189,837
FY2021 ⓘ$31M$32M96.6%$29M$201,654
FY2020 ⓘ$30M$29M95.7%$30M$198,621

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5496
  • Volunteers Part I, line 6430

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COASTAL BUS LINE LLC
Student transportation
$801,987
THE BUDD GROUP INC
Janitorial services
$800,173
BRANDON RIVERS CATERING LLC
Food services
$386,608
CHOATE CONSTRUCTION COMPANY
Construction service
$365,125
CHARLESTON IMAGING PRODUCTS INC DBA TH
Managed printer & copier services
$271,554

Individuals listed as contractors are left out. 22 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Meeting Street Schools totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Meeting Street Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Meeting Street Schools, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in South Carolina

Questions people ask

How much of Meeting Street Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, Meeting Street Schools reported that 96.3% of its $53.0 million in expenses went to program services, 3.6% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Meeting Street Schools pay its top executive?

The largest total compensation Meeting Street Schools reported for one person in the fiscal year ending June 30, 2025 was $327,352, for the role of FOUNDING PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Meeting Street Schools get its money?

Of $46.8 million in revenue in the fiscal year ending June 30, 2025, 73.1% came from contributions and grants (including 60.0% from government grants) and 0.5% from program service revenue (Form 990, Part VIII).

Is Meeting Street Schools a registered charity?

The IRS lists EIN 20-4587841 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349308638 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349307583 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401319349302835 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349304196 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231309349302188 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101269349302265 · read the filing

All filings for EIN 20-4587841: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.