Heart of Mercy International Inc

Analysis

Heart of Mercy International Inc is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, Heart of Mercy International Inc reported income of $975k and spending of $871k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $975k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Heart of Mercy International 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 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Reflections Foundation ($974k), Amy Bell Charities Inc ($975k) and The Justice Foundation ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $485k against liabilities of $1,516, net assets of $483k.