Mercy Foundation Inc

Analysis

Mercy Foundation Inc is a registered charity in United States, based in Maywood, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mercy Foundation Inc reported income of $122k and spending of $1.0m, spending 825% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $506k to $122k (-76%), an average of -30% a year. The sharpest change came in the year to June 2022, when income rose by 192%. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mercy Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Interfaith Caregivers Inc ($122k), Hill Country 100 Club Inc ($122k) and Hood County Childrens Charity Fund ($122k).

At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.