Human Services
(P12)
990 on File
MERIT AMERICA
Financial strength (30%)
82/100
Reliability (20%)
45/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$61.4M
Total Revenue
$51.0M
Total Expenses
$31.2M
Net Assets
248
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.8%
Fundraising Efficiency
N/A
Operating Reserve
7.34x
Liability-to-Asset
27.6%
Revenue Diversification
75.0%
Executive Compensation
$1.5M
Compared with Peers
FY 2024
Compared with 2,036 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.8% | 87.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.7% | 11.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.5% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.3 mo | 6.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.6% | 32.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.0% | 92.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
42.1% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
40.7% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.0% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $61.4M | $51.0M | $31.2M | 92.8% | 248 |
| 2023 | $43.2M | $36.2M | $20.7M | 91.8% | 229 |
| 2022 | $28.4M | $22.5M | $13.7M | 90.0% | 173 |
| 2021 | $21.0M | $9.0M | N/A | — | 73 |
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