Mercy Project Inc

Analysis

Mercy Project Inc is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mercy Project Inc reported income of $458k and spending of $486k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $712k to $458k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Project Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Blue Rider Stables Inc ($458k), Mohonk Education and Neuropsychological Foundation Inc ($458k) and Reliv Kalogris Foundation ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $87k. At year end it held assets of $423k against liabilities of $4,762, net assets of $418k. It reported 2 employees.