Mercy Air Inc

Analysis

Mercy Air Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Air Inc reported income of $66k and spending of $76k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $66k (-56%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 153% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mercy Air Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Blue Ridge Christian Ministries Inc ($66k), WMM Resource Center ($66k) and Passover League of Philadelphia ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $58k. At year end it held assets of $54k against liabilities of $46k, net assets of $7,310.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.