Metrocrest Services

Analysis

Metrocrest Services is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Metrocrest Services reported income of $18.0m and spending of $15.2m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $18.0m (+217%), an average of +34% a year. The sharpest change came in the year to September 2020, when income rose by 112%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metrocrest Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Child Care Resources Inc ($18.0m), Community Servings Inc ($18.0m) and Reformed Church Ministries to the Aging the Particular Synod of the ($18.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $417k (2.7% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $21.2m against liabilities of $3.7m, net assets of $17.6m. It reported 73 employees.