Merakey Philadelphia

Analysis

Merakey Philadelphia is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Merakey Philadelphia reported income of $31.3m and spending of $26.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.2m to $31.3m (+7.1%), an average of +1.7% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Merakey Philadelphia sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Finger Lakes Community Health Inc ($31.3m), Community Health and Counseling Services ($31.4m) and Blackstone Valley Community Health Care Inc ($31.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $12.7m. At year end it held assets of $17.2m against liabilities of $2.3m, net assets of $15.0m. It reported 445 employees.