Mercy Center Ministries Inc

Analysis

Mercy Center Ministries Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mercy Center Ministries Inc reported income of $1.7m and spending of $1.5m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.7m (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Center Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Kids Nutrition Company Inc ($1.7m), Call Primrose ($1.7m) and YWCA Central Maine ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $100k (6.8% of expenses). Other salaries and wages came to $918k. At year end it held assets of $2.3m against liabilities of $90k, net assets of $2.2m. It reported 66 employees.