Simpson Meadows

Analysis

Simpson Meadows is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Simpson Meadows reported income of $6.7m and spending of $8.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.3m to $6.7m (-8.4%), an average of -2.2% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simpson Meadows sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Mesilla Valley Hospice Inc ($6.7m), Three Rivers Inc ($6.7m) and Center for African Immigrants and Refugees Organization ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 91% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $15.1m against liabilities of $23.1m, net assets of -$8.0m. It reported 179 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.