Chalice of Mercy Inc

Analysis

Chalice of Mercy Inc is a registered charity in United States, based in Fairchild, WI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Chalice of Mercy Inc reported income of $503k and spending of $728k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.4m to $503k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chalice of Mercy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Cordell Hull Foundation for International Education ($503k), American Friends of the National Gallery of Australia Inc ($503k) and Indego Africa Project ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $42k (5.8% of expenses). At year end it held assets of $379k against liabilities of $0, net assets of $379k. It reported 1 employees.