Mercy Housing Wheaton NFP

Analysis

Mercy Housing Wheaton NFP is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Mercy Housing Wheaton NFP reported income of $1.7m and spending of $3.3m, spending 197% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $1.7m (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 1441%. Over the whole period it spent 161% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Housing Wheaton NFP sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Armitage Commons Preservation NFP ($1.7m), Jfa Non-Profit Housing Corporation ($1.7m) and Community House Housing Development Fund Company Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 43% of the total. At year end it held assets of -$16.6m against liabilities of $328k, net assets of -$16.9m.