Mercy Communities Inc

Analysis

Mercy Communities Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Mercy Communities Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $857k to $1.2m (+37%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Communities Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Positively Third Street Housing Development Fund Inc ($1.2m), Pittsburg Senior and Handicapped Residential Community Inc ($1.2m) and Habitat for Humanity International Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $85k (8.3% of expenses). Other salaries and wages came to $377k. At year end it held assets of $1.2m against liabilities of $41k, net assets of $1.1m. It reported 11 employees.