Loving with Mercy Ministries Inc

Analysis

Loving with Mercy Ministries Inc is a registered charity in United States, based in Kerman, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loving with Mercy Ministries Inc reported income of $88k and spending of $127k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $88k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 129% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loving with Mercy Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Sharing Christ Ministries ($88k), Ministerio Internacional LA Cosecha Inc ($88k) and American Friends of Koll El Toras Zeraim Jerusalem Inc ($88k).

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 $68k against liabilities of $0, net assets of $68k.