Meriter Health Services Inc

Analysis

Meriter Health Services Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Meriter Health Services Inc reported income of $4.6m and spending of $4.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.6m (+1.7%), an average of +0.4% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meriter Health Services Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Garvin County Community Living Center Inc ($4.6m), El Futuro ($4.6m) and Network Enterprises Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $3.1m (67% of expenses). Other salaries and wages came to $142k. At year end it held assets of $794.6m against liabilities of $1.7m, net assets of $792.9m. It reported 7 employees.