Meadville Medical Center Foundation

Analysis

Meadville Medical Center Foundation is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Meadville Medical Center Foundation reported income of $432k and spending of $370k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $521k to $432k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meadville Medical Center Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Horses for Heroes-New Mexico Inc ($432k), Southeast Washington Alliance for Health ($432k) and Frio Canyon Ems Inc ($432k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $187k (51% of expenses). Other salaries and wages came to $55k. At year end it held assets of $3.2m against liabilities of $10k, net assets of $3.2m.