Love Mercy

Analysis

Love Mercy is a registered charity in United States, based in Wrightwood, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Love Mercy reported income of $114k and spending of $181k, spending 158% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $541k to $114k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Mercy sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include What Would Bri Do Inc ($114k), Society of St Vincent de Paul of Waukesha County Inc ($114k) and Global Impact Missions-Org - Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (41% of expenses). Other salaries and wages came to $33k. At year end it held assets of $273k against liabilities of $4,995, net assets of $268k.