Merakey Childrens Services

Analysis

Merakey Childrens Services is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in January 1959, 67 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 Childrens Services reported income of $15.9m and spending of $8.9m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $15.9m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merakey Childrens Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include San Antonio Bowl Association Inc ($15.9m), Manteca District Volunteer Ambulance Service ($15.9m) and Volunteers of America ($15.9m).

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 $4.9m. At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $908k. It reported 220 employees.