Mercy House of the Southern Tier Inc

Analysis

Mercy House of the Southern Tier Inc is a registered charity in United States, based in Endicott, NY. It received its IRS tax-exemption ruling in December 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 2023, Mercy House of the Southern Tier Inc reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.4m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy House of the Southern Tier Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Mississippi Coalition Against Sexual Assault Inc ($1.4m), Friends Life Community ($1.4m) and Unstuck Ministries ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $786k. At year end it held assets of $3.2m against liabilities of $506k, net assets of $2.7m. It reported 27 employees.