Metro Health Inc

Analysis

Metro Health Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 2021, Metro Health Inc reported income of $3.9m and spending of $3.9m, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $3.2m to $3.9m (+21%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metro Health Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Ascension Health Global Mission ($3.9m), University of Virginia Engineering Foundation Inc ($3.9m) and Mind and Spirit Counseling Center ($3.9m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $589k (15% of expenses). Other salaries and wages came to $694k. At year end it held assets of $1.1m against liabilities of $1.4m, net assets of -$338k. It reported 24 employees.