Mercy Hilltop Center Inc

Analysis

Mercy Hilltop Center Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 2024, Mercy Hilltop Center Inc reported income of $472k and spending of $294k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $270k to $472k (+75%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Hilltop Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Morris W Stroud 3rd TR U-W Pennswood 2 ($472k), Canaan Senior Service Center Inc ($472k) and Boca Raton Philarmonic Symphonia ($472k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $59k (20% of expenses). Other salaries and wages came to $93k. At year end it held assets of $762k against liabilities of $4,541, net assets of $758k. It reported 6 employees.