Metropolitan Family Health Network Inc

Analysis

Metropolitan Family Health Network Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Metropolitan Family Health Network Inc reported income of $14.3m and spending of $14.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $14.3m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metropolitan Family Health Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Nebraska Methodist Hospital Foundation ($14.3m), Olivann ($14.3m) and Ibn Sina Foundation Inc ($14.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.0m (7.3% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $15.2m against liabilities of $3.5m, net assets of $11.7m. It reported 123 employees.