Mercy Outreach Ministries IV Inc
Analysis
Mercy Outreach Ministries IV Inc is a registered charity in United States, based in Williston, OH. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Mercy Outreach Ministries IV Inc reported income of $118k and spending of $153k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $118k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 159% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Outreach Ministries IV Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Wells Clayton Whitworth Memorial Foundation ($118k), Grand Prairie Food and Clothing Assistance Corporation ($118k) and East Hampton Volunteer Food Bank Inc ($118k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $4,015. At year end it held assets of $703k against liabilities of $16k, net assets of $687k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 42%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wells Clayton Whitworth Memorial Foundation | Madison | $118k |
| Grand Prairie Food and Clothing Assistance Corporation | Grand Prairie | $118k |
| East Hampton Volunteer Food Bank Inc | East Hampton | $118k |
| Meadowlark House Child Advocacy Center | Dodge City | $118k |