Have Mercy

Analysis

Have Mercy is a registered charity in United States, based in Greenville, MI. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Have Mercy reported income of $1.1m and spending of $904k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $1.1m (+77%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Have Mercy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Caribe Towers Inc ($1.1m), Neighborhood Housing Services of the Black Hills ($1.1m) and Casa Calderon Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $14k (1.5% of expenses). Other salaries and wages came to $465k. At year end it held assets of $1.7m against liabilities of $842k, net assets of $821k. It reported 24 employees.