McGuire Memorial

Analysis

McGuire Memorial is a registered charity in United States, based in New Brighton, PA. It received its IRS tax-exemption ruling in March 1956, 70 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, McGuire Memorial reported income of $44.3m and spending of $43.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.2m to $44.3m (+2.4%), an average of +0.6% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McGuire Memorial sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Serenity Care Inc ($44.2m), Metropolitan Ministries Inc ($44.3m) and Aabr Inc ($44.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $21.8m. At year end it held assets of $44.2m against liabilities of $13.7m, net assets of $30.5m. It reported 633 employees.