Merakey Bucks County

Analysis

Merakey Bucks County is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Merakey Bucks County reported income of $7.9m and spending of $6.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $7.9m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Merakey Bucks County sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Bohemian Home for the Aged ($7.9m), Delta Community Action Foundation Inc ($7.9m) and Mapleton Community Home ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $1.1m against liabilities of $2.8m, net assets of -$1.8m. It reported 125 employees.