Morgans Mercy Mansion

Analysis

Morgans Mercy Mansion is a registered charity in United States, based in Winnsboro, TX. It received its IRS tax-exemption ruling in February 2009, 17 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, Morgans Mercy Mansion reported income of $154k and spending of $160k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $136k to $154k (+13%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morgans Mercy Mansion sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Immigrant Rights Action ($154k), Christian Thrift Store Inc ($154k) and Booster Club Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $88k against liabilities of $1,128, net assets of $87k.

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.