Merrimack Youth Association

Analysis

Merrimack Youth Association is a registered charity in United States, based in Merrimack, NH. It received its IRS tax-exemption ruling in March 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Merrimack Youth Association reported income of $575k and spending of $508k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $483k to $575k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merrimack Youth Association sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within NH. Charities of a similar size with the same main cause include Touching Hands Evangelistic Ministries Inc ($575k), Pray America ($575k) and Economic Development Greater East Edge Incorporated ($575k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $566k against liabilities of $0, net assets of $566k.