Merakey Chester County

Analysis

Merakey Chester County is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 Chester County reported income of $8.7m and spending of $8.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.2m to $8.7m (-5.2%), an average of -1.3% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merakey Chester County sits at the 95th percentile: it is larger than about 95% 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 Two Rivers YMCA Inc ($8.7m), Accountability Board Inc ($8.7m) and Lake Country Christian School ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $3.2m against liabilities of $441k, net assets of $2.8m. It reported 131 employees.