The Mennonite Home
Analysis
The Mennonite Home is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Mennonite Home reported income of $47.6m and spending of $47.4m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $47.1m to $47.6m (+1.1%), an average of +0.4% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Mennonite Home sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Memphis Goodwill Inc ($47.6m), Starfish Family Services Inc ($47.7m) and Global Alliance for Improved Nutrition ($47.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.0m (2.2% of expenses). Other salaries and wages came to $17.0m. At year end it held assets of $207.7m against liabilities of $130.5m, net assets of $77.2m. It reported 623 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Program services 93%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Memphis Goodwill Inc | Memphis | $47.6m |
| Starfish Family Services Inc | Inkster | $47.7m |
| Global Alliance for Improved Nutrition | Switzerland | $47.6m |
| Foodshare Inc | Oxnard | $47.7m |