Mercy Ecology Inc

Analysis

Mercy Ecology Inc is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mercy Ecology Inc reported income of $102k and spending of $160k, spending 156% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $353k to $102k (-71%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 56%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Ecology Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within RI. Charities of a similar size with the same main cause include Wednesdays Child Inc ($102k), One Harlan County ($102k) and Fountain of Life Africa ($102k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $78k. At year end it held assets of $736k against liabilities of $1,834, net assets of $734k. It reported 1 employees.