Mercy Unlimited Inc

Analysis

Mercy Unlimited Inc is a registered charity in United States, based in Wapakoneta, OH. It received its IRS tax-exemption ruling in March 1995, 31 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 September 2023, Mercy Unlimited Inc reported income of $2.9m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $2.9m (+52%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 75%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Unlimited Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include First Focus on Children ($2.9m), The Family Tree Information Education and Counseling Center ($2.9m) and Charles E Lakin Human Services Campus Foundation ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $45k (1.5% of expenses). Other salaries and wages came to $249k. At year end it held assets of $604k against liabilities of $4,663, net assets of $599k. It reported 26 employees.