Mercy Mall of Virginia

Analysis

Mercy Mall of Virginia is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in October 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, Mercy Mall of Virginia reported income of $320k and spending of $361k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $320k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy Mall of Virginia sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Stand with Trans ($320k), Tender Mercies Ministries ($320k) and New York Zakat Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $184k. At year end it held assets of $202k against liabilities of $3,420, net assets of $198k. It reported 8 employees.