Mercy House Chdo Inc

Analysis

Mercy House Chdo Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Mercy House Chdo Inc reported income of $2.6m and spending of $1.7m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $220k to $2.6m (+1067%), an average of +85% a year. The sharpest change came in the year to June 2021, when income rose by 8648%. Over the whole period it spent 16% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy House Chdo Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include New Point Acquisitions Inc ($2.6m), Friendship Manor Corporation ($2.6m) and Legacy Redevelopment Corporation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $62k (3.7% of expenses). At year end it held assets of $29.0m against liabilities of $12.4m, net assets of $16.6m. It reported 2 employees.