NFP500

#445 of 500 · Human Services & Advocacy

Blue Meridian Partners Inc

EIN 81-5086187 · NY · NTEE P12 · Form 990, fiscal 2023

A philanthropic collaborative that pools capital from major donors and foundations to fund scalable solutions addressing poverty and limited economic mobility among young people and families in the United States. Originally incubated at the Edna McConnell Clark Foundation and now an independent 501(c)(3), it uses an investor mindset to make large, long-term, performance-based grants to social-sector organizations.

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Financials, fiscal 2023

Revenue
$353.3M
Expenses
$481.7M
Total assets
$2.26B
Net assets
$2.25B
Operating margin
-36.3%
1-year growth
-70.9%
5-year growth (CAGR)
16.0%
Reserve (years of spending)
56.2
Contributions share
90.9%
Programme spending
0.1%
Fundraising cost
0.0%
Executive pay share
1.19%
Employees
86
Revenue per employee
$4.1M
Grants paid
$439.5M
Years filing
6

NFP Health Score: 78 / 100

Financial 60 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To transform the life trajectories of young people and families in poverty.

Revenue history

YearRevenue
2019$194.9M
2020$907.8M
2021$188.1M
2022$1.21B
2023$353.3M