Mercy Professional Services Inc

Analysis

Mercy Professional Services Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2008, 18 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Professional Services Inc reported income of $385k and spending of $61k, leaving 84% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $99k to $385k (+288%), an average of +288% a year. The sharpest change came in the year to June 2023, when income rose by 288%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Professional Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include W N C Housing Inc ($385k), 25 Carrick Ave Project ($385k) and Serving Kids Hope ($385k).

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. At year end it held assets of $427k against liabilities of $6,644, net assets of $421k.