Mercy Services Downtown Inc

Analysis

Mercy Services Downtown Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Services Downtown Inc reported income of $223k and spending of $1.0m, spending 466% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $575k to $223k (-61%), an average of -38% a year. The sharpest change came in the year to June 2023, when income rose by 200%. Over the whole period it spent 194% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercy Services Downtown Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($223k), Project Place Gatehouse Inc ($223k) and American Osteopathic Academy of Sports Medicine Inc ($223k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21.9m against liabilities of $21.4m, net assets of $426k.