Love Mercy Inc

Analysis

Love Mercy Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Love Mercy Inc reported income of $348k and spending of $188k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $348k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 189%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Love Mercy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include Africa Fire Mission ($348k), Kudvumisa Foundation USA Inc ($348k) and Hero Women Rising ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $37k (19% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.