Mother of Mercy Foundation

Analysis

Mother of Mercy Foundation is a registered charity in United States, based in Albany, MN. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2022, Mother of Mercy Foundation reported income of $107k and spending of $142k, spending 133% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $257k to $107k (-59%), an average of -25% a year. The sharpest change came in the year to September 2021, when income rose by 746%. Over the whole period it spent 26% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mother of Mercy Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Bay-Rama Inc ($107k), Terrie M Williams Expansion ($107k) and Its Midwest ($107k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $69k. At year end it held assets of $1.7m against liabilities of $28k, net assets of $1.7m.