Merton College Charitable Corporation

Analysis

Merton College Charitable Corporation is a registered charity in United States, based in Manasquan, NJ. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Merton College Charitable Corporation reported income of $808k and spending of $589k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $743k to $808k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Merton College Charitable Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Orphan Resources International ($808k), Adara Development USA ($808k) and The American Friends of the British Museum Inc ($808k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $26k. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.