Brothers of Mercy Facilities Foundation

Analysis

Brothers of Mercy Facilities Foundation is a registered charity in United States, based in Clarence, NY. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Brothers of Mercy Facilities Foundation reported income of $1.1m and spending of $705k, leaving 34% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.2m to $1.1m (-9.2%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Brothers of Mercy Facilities Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Arrl Foundation Inc ($1.1m), Council for Jewish Elderly Endowment Foundation ($1.1m) and M&m Area Community Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. At year end it held assets of $1.9m against liabilities of $379k, net assets of $1.6m.