Mercy Neighborhood Ministries Inc

Analysis

Mercy Neighborhood Ministries Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Neighborhood Ministries Inc reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mercy Neighborhood Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Triple Negative Breast Cancerfoundation Inc ($1.6m), Healthy Babies Project Inc ($1.6m) and International Nursing Assoc for Clinical Simulation & Learning Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $109k (8.0% of expenses). Other salaries and wages came to $719k. At year end it held assets of $4.4m against liabilities of $125k, net assets of $4.3m. It reported 21 employees.