Merakey Allegheny Valley School

Analysis

Merakey Allegheny Valley School is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in August 1962, 64 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 June 2023, Merakey Allegheny Valley School reported income of $173.4m and spending of $171.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $140.2m to $173.4m (+24%), an average of +5.5% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Merakey Allegheny Valley School 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 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include The Childrens Aid Society ($173.2m), Keystone Service Systems Inc ($174.5m) and Maniilaq Association ($171.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $84.6m. At year end it held assets of $104.8m against liabilities of $41.1m, net assets of $63.7m. It reported 2,425 employees.