Mercy Conference and Retreat Center

Analysis

Mercy Conference and Retreat Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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 Conference and Retreat Center reported income of $1.4m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Conference and Retreat Center 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 82nd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Options Unlimited Inc ($1.4m), Catholic Charities Bloomington Inc ($1.4m) and YWCA Syracuse & Onondaga County ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $104k (7.3% of expenses). At year end it held assets of $2.6m against liabilities of $200k, net assets of $2.4m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.