Mercava Inc

Analysis

Mercava Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mercava Inc reported income of $177k and spending of $191k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $177k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 439%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mercava Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Willis Independent School District Education Foundation ($177k), Unity Christian Partner Society ($177k) and Conway Farms Golf Club Foundation ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $128k, net assets of -$97k.