Mary Meyer School

Analysis

Mary Meyer School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Mary Meyer School reported income of $650k and spending of $573k, spending 88% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $438k to $650k (+48%), an average of +10% a year. The sharpest change came in the year to July 2020, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary Meyer School sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Global Compassion Coalition ($650k), Frank Sarris Public Library Association ($650k) and New Horizons Crisis Center ($649k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 20% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $103k (18% of expenses). Other salaries and wages came to $290k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 6 employees.