Mercer Residential Services Inc

Analysis

Mercer Residential Services Inc is a registered charity in United States, based in Celina, OH. It received its IRS tax-exemption ruling in June 1981, 45 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, Mercer Residential Services Inc reported income of $4.1m and spending of $3.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercer Residential Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Both Hands Foundation ($4.1m), Commonworks Youth Services ($4.1m) and Our House Incorporated ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $107k (2.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.4m against liabilities of $988k, net assets of $5.4m. It reported 108 employees.