Meridian Behavioral Healthcare Inc

Analysis

Meridian Behavioral Healthcare Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Meridian Behavioral Healthcare Inc reported income of $63.8m and spending of $57.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $46.0m to $63.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meridian Behavioral Healthcare Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Iehp Foundation ($63.8m), Westcare California Inc ($63.8m) and Upmc ($63.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $1.9m (3.3% of expenses). Other salaries and wages came to $28.2m. At year end it held assets of $42.5m against liabilities of $11.7m, net assets of $30.8m. It reported 894 employees.