Mease Life Inc

Analysis

Mease Life Inc is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mease Life Inc reported income of $24.0m and spending of $27.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.6m to $24.0m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mease Life Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Sacramento Chinese Community Service Center Inc ($24.0m), Synergy Services Inc ($24.0m) and Craigside Retirement Residence ($24.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $355k (1.3% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $78.0m against liabilities of $32.5m, net assets of $45.6m. It reported 267 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.