Fundacion LA Misericordia Mercy Foundation Inc

Analysis

Fundacion LA Misericordia Mercy Foundation Inc is a registered charity in United States, based in Bergenfield, NJ. It received its IRS tax-exemption ruling in July 2021, 5 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 December 2023, Fundacion LA Misericordia Mercy Foundation Inc reported income of $198k and spending of $198k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $76k to $198k (+161%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fundacion LA Misericordia Mercy Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Westport Farmers Market Inc ($198k), Impact Hill ($198k) and Operation Hope Inc ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.