Mother of Mercy

Analysis

Mother of Mercy is a registered charity in United States, based in Albany, MN. It received its IRS tax-exemption ruling in December 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Mother of Mercy reported income of $9.5m and spending of $10.7m, spending 113% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $9.6m to $9.5m (-1.2%), an average of -0.4% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mother of Mercy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Midland School ($9.4m), B-K Health Center Inc ($9.5m) and 90 Works Inc ($9.4m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $181k (1.7% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $9.3m against liabilities of $7.2m, net assets of $2.2m. It reported 278 employees.