NFP500

#76 of 500 · Foundation / Grantmaker / DAF

Merck Patient Assistance Program Inc

EIN 01-0575520 · NJ · NTEE T210 · Form 990-PF, fiscal 2023

A not-for-profit program that provides certain Merck prescription medicines and adult vaccines free of charge to eligible people in the United States who lack insurance coverage and cannot afford them, generally those earning up to 400 percent of the federal poverty level. Part of Merck's 'Merck Helps' patient assistance offerings, it delivers qualifying medicines to patients' homes or physician offices at no cost.

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Financials, fiscal 2023

Revenue
$1.95B
Expenses
$1.95B
Total assets
$26.3M
Net assets
$1
Operating margin
0.0%
1-year growth
14.6%
5-year growth (CAGR)
7.5%
Reserve (years of spending)
0.0
Contributions share
100.0%
Programme spending
n/a
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
20

NFP Health Score: 54 / 100

Financial 17 · Governance 85 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide certain Merck medicines and adult vaccines free of charge to eligible people who do not have prescription drug or health insurance coverage and who, without assistance, cannot afford their Merck medicines.

Revenue history

YearRevenue
2019$1.46B
2020$1.58B
2021$1.46B
2022$1.70B
2023$1.95B