Is Merion Foundation Legit?

Quick charity verification for Merion Foundation (EIN: 205374661)

Verdict: Merion Foundation appears trustworthy

95/100Mission Score
$1.8MRevenue
$1.7MAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Merion Foundation demonstrates a consistent operational pattern with revenues generally exceeding or closely matching expenses in recent years, indicating a stable financial footing. For instance, in 2022, revenue was $193,601 against expenses of $147,307, showing a surplus. However, in 2023, expenses ($168,577) slightly outpaced revenue ($131,403), leading to a minor deficit. The organization's assets have shown growth over the long term, from $1,424 in 2011 to $1,174,436 in 2023, suggesting effective asset management. A key strength is the consistent reporting of 0% officer compensation across all available filings, which points to a high degree of spending efficiency and a strong commitment to directing funds towards its mission rather than executive salaries. This also enhances transparency, as it clearly indicates that leadership is not drawing a salary from the organization's funds.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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