Meyer Center for Special Children

Analysis

Meyer Center for Special Children is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 1956, 70 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 June 2023, Meyer Center for Special Children reported income of $5.1m and spending of $4.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meyer Center for Special Children sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Kiryas Joel Municipal Local Development Corporation ($5.1m), John Locke Foundation Inc ($5.1m) and Community Services Inc of Northwest Missouri ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $112k (2.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $7.8m against liabilities of $962k, net assets of $6.8m. It reported 104 employees.