Merry Life Society

Analysis

Merry Life Society is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Merry Life Society reported income of $58k and spending of $86k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $330k to $58k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Merry Life Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Memorial Scholarship Program of Freedom Village ($58k), Udwi Remc Community Fund Inc ($58k) and Los Altos High Eagle Band Boosters ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.