Merit Family Services

Analysis

Merit Family Services is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Merit Family Services reported income of $265k and spending of $475k, spending 179% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $626k to $265k (-58%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Merit Family Services sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Mjo Hope Foundation ($265k), Lifecare Center for Women Inc ($265k) and Real Recovery Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $240k. At year end it held assets of $146k against liabilities of $0, net assets of $146k.