Melmark Inc

Analysis

Melmark Inc is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in July 1965, 61 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, Melmark Inc reported income of $112.8m and spending of $111.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.4m to $112.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Melmark Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include International Food Policy Research Institute ($112.1m), Sunrise Community Inc ($113.4m) and Presbyterian Homes ($111.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.4m (2.2% of expenses). Other salaries and wages came to $71.9m. At year end it held assets of $151.0m against liabilities of $37.6m, net assets of $113.4m. It reported 1,378 employees.